Benzimidazolone pigments are in short supply

In April, China Rubber and Plastics Exhibition was carried out in full swing. In this grand event, the international giant Faberge (Clariant) declared bankruptcy, causing major concern in the domestic pigment industry. In particular, the benzimidazolone series of pigments, due to the huge demand for this pigment in the European market, resulting in a shortage of the domestic market, a large number of benzimidazolone pigments exported to the European market.

In the context of this major change in the market, the price of benzimidazolone pigments such as pigment yellow 180, pigment yellow 151, pigment yellow 181, pigment orange 64, pigment yellow 154, and pigment red 185 rose rapidly. At the same time, due to the strict requirements of the European market for this pigment, it is difficult for domestic manufacturers to meet the demand, and the supply of this pigment on the market is significantly reduced.

For benzimidazolone pigment manufacturers, the impact of the bankruptcy of Faber (Clariant) is undoubtedly a huge challenge. However, this also provides a rare opportunity for domestic pigment manufacturers to expand the European market and expand the scope of product sales.

In the context of this major change in the market, we hope that domestic pigment manufacturers can seize this opportunity to strengthen their own strength, improve product quality, and win a greater competitive advantage in the international market. At the same time, we also hope that the government can strengthen supervision to ensure fair competition in the market, so that the entire industry can develop in a healthy and orderly way.