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German speciality chemicals company Lanxess AG is expanding the Asian business of its Inorganic Pigments business unit with the acquisition of two iron oxide pigment production units in Jinshan near Shanghai. The transaction is Lanxess'' first acquisition in China. [Copyright &y& Elsevier]

The article announces the opening of Clariant Chemical Ltd.'s technical application center for pigments in Shanghai, China.

Germany''s Merck KGaA has acquired Suzhou Taizhu Technology Development Co Ltd (Taizhu), a leading Chinese supplier of effect pigments, for a total consideration of €28 million. Located in Taicang near Shanghai, Taizhu had total revenues of more than €14 million in 2008 and employs 300 staff. Merck says that the acquisition is of high strategic importance to its pigments business. [Copyright &y& Elsevier]