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LANXESS names new Bayferrox® Inorganic Pigments distributor for Canadian construction market
L.V. Lomas to become exclusive distributor of Bayferrox® inorganic pigments in Canada
Pittsburgh, PA – October 28, 2015 – LANXESS’s Inorganic Pigments Group (IPG), the world's largest manufacturer of iron oxides and a leading producer of inorganic pigments based on chromium oxides, announced today that L.V. Lomas will become the exclusive distributor of Bayferrox® inorganic pigments in Canada, beginning November 1, 2015.
The Brampton, Ontario-based company will add the construction market to its existing exclusive distribution responsibilities of Bayferrox® and Colortherm® pigments for the coatings, plastics and specialties markets in Canada.
“We are pleased to expand our relationship with L.V. Lomas to the construction industry,” said Peter Baldus, Vice President of LANXESS’s Inorganic Pigments Group, Americas region. “L.V. Lomas has earned a reputation as a professional, customer-focused partner for our products in the coatings, plastics and specialties markets, and we are excited to work together to deliver the same level of service to our Canadian construction customers.”
Founded in 1960, L.V. Lomas is one of North America’s leading distributors of chemicals and ingredients, raw materials and packaging products.
LANXESS is a global manufacturer of inorganic pigments based on iron oxides and chromium oxides. With 90 years of pigment production experience, LANXESS meets the growing demands of the global market by offering a broad and innovative product portfolio that is manufactured according to strict quality and sustainability guidelines, and supported by high levels of technical expertise. The IPG business unit is part of LANXESS’ Performance Chemicals segment, which recorded sales of EUR 2.2 billion in fiscal 2014.
LANXESS is a leading specialty chemicals company with sales of EUR 8.0 billion in 2014 and about 16,300 employees in 29 countries. The company is currently represented at 52 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. LANXESS is a member of the leading sustainability indices Dow Jones Sustainability Index (DJSI World) and FTSE4Good.
This news release may contain forward-looking statements based on current assumptions and forecasts made by LANXESS AG management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.
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