Ciba Specialty Chemicals to Build New Pigments Facility.TARRYTOWN, N.Y. and NEWPORT, Del.--(BUSINESS WIRE)--May 15, 1998-- Ciba Specialty Chemicals “Ciba” redirects here. For the pre-1971 company, see Novartis. Ciba Specialty Chemicals is a chemical company based in and near Basel, Switzerland. It was formed as the non-pharmaceuticals elements of Novartis were spun out in 1997, following the merger in the today announced that it will break ground for a new state-of-the-art quinacridone Quinacridone is a red powder. It is an organic compound with the molecular formula C20H12N2O2. It is used as a pigment; analogs bearing this motif are known as quinacridones. pigments (QA) facility at its Newport, Delaware Newport is a town in New Castle County, Delaware, United States. It is located on the Christina River. It is best known for being the home of colonial inventor Oliver Evans. The population was 1,122 at the 2000 census. site. The construction is part of the company's ongoing Phenix Project. The new $50 million QA facility will produce a high performance family of red shade pigments that will be used in automotive paints, plastics and inks. Ciba Specialty Chemical's Phenix Project is a capital investment project designed to enable Ciba's Pigments Division to manufacture high quality pigments while improving environmental performance. "This is one of the largest and most significant investments in the history of the pigments industry," said Jean Schaefle, president of Ciba Specialty Chemicals Pigments Division. "Construction of this new quinacridone facility, together with the other phases of Project Phenix, are an investment in our customers' future, and a very visible example of our total dedication to customer satisfaction." Ciba Specialty Chemical's new quinacridone pigments facility will increase its capacity in this class of pigments and at the same time reduce energy and natural resource consumption to make the site more environmentally efficient. Previous phases of the Phenix Project have included construction of a new plant in 1997 to manufacture high performance Diketo Pyrolo Pyrrol (DPP DPP - Dining Philosophers Problem ) pigments. To date, the plant has introduced a series of environmental infrastructure improvements. Since 1990, the Newport site has reduced its reportable emissions by more than 90 percent. Ciba Specialty Chemicals has worked closely with both the local community and the State of Delaware Delaware, state, United States Delaware (dĕl`əwâr, –wər), one of the Middle Atlantic states of the United States, the country's second smallest state (after Rhode Island). through all phases of planning and construction. Ciba Specialty Chemicals (SWX SWX Swiss Exchange (trademark of SWX Swiss Exchange) SWX SolidWorks (3D solid modeling CAD software) SWX Splitter / Wave Division Multiplexer :CIBN) is a global leader in the discovery, development and manufacture of innovative materials that provide color, performance and care for plastics, coatings, fibers, fabrics and other products. Ciba Specialty Chemicals Corporation consists of six divisions -- Additives, Consumer care, Performance Polymers, Pigments, Textile Dyes and Water Treatments - and is based in Tarrytown, New York Tarrytown is a village in Westchester County, New York, United States. The population was 11,090 at the 2000 census. The Village of Tarrytown is located in the northwest part of the Town of Greenburgh, New York. , with operations throughout the U.S. and Canada. It is part of the worldwide Ciba Specialty Chemicals group, a company with 1997 sales of CHF CHF In currencies, this is the abbreviation for the Swiss Franc. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 7.8 billion, sales in 117 countries, R&D in 12, and more than 23,000 employees. CONTACT: Ciba Specialty Chemicals Jodi Melko (302) 996-2953 jodi.melko.@cibasc.com or Ciba Specialty Chemicals O'Patrick Wilson (914) 785-4045 patrick.wilson@cibasc.com |
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