Rockwood Holdings Inc. announced that its Color Pigments and Services business will build an advanced technology production facility in Augusta, Ga., for the synthesis of iron oxide pigments. This $115 million investment will result in the first new iron-oxide pigment production plant in the United States in nearly 35 years.
Construction of the facility is expected to take place over the next 18 months, with commissioning targeted for the first half of 2013. Following the completion of the new plant, Rockwood will close its St. Louis, Mo., manufacturing facility and part of its Beltsville, Md. facility.
Rockwood’s Color Pigments & Services Division is one of the largest worldwide suppliers of color pigments for construction, coatings, plastics and specialty applications.
www.rockwoodpigments.com
