Consolidation of the pigments industry continues. Since 2012, 20 synthetic iron oxide plants have been closed in China due to strict enforcement of environmental regulations. Here, traditionally the environmentally harmful Penniman process is being used. LANXESS is responding to this trend with targeted investments in sustainable technologies, such as the newly developed Ningbo Process. This enables us to expand our leading position as a reliable supplier and to offer our customers planning certainty for the future.