Dystar

DyStar is a provider of products and services for the textile, leather, paper, plastic and other chemical industries. The company combines the textile dye businesses of the former dye producers Bayer, Hoechst, BASF, ICI/Zeneca, Mitsubishi and Mitsui with the auxiliary activities of Boehme and Rotta.

DyStar has about 2.000 employees in more than 50 countries and runs 14 production facilities in 12 countries. Worldwide sales amounted to 1.000 million USD in 2014.

History

DyStar was founded in 1995 as a joint venture from Bayer AG, Hoechst AG and Mitsubishi. In 2000 the textile dyes business from BASF was integrated. In 2004 Platinum Equity acquired DyStar. In February 2010 DyStar Group was acquired by Kiri Dyes and Chemicals (KDCL) along with its subsidiaries with the support of its joint venture partner Longsheng Group, China. Currently, Senda International Capital Limited, a wholly owned subsidiary of Longsheng, is a majority shareholder of DyStar Group.

With acquisitions such as Rotta, Boehme Group, Lenmar Chemicals, Color Solutions International and TexanLab DyStar has been able to diversify and grow consistently.^[2]

Sites

The company has sites or subsidiaries in all major textile markets and agencies in around 50 countries. DyStar has 14 production sites in 12 countries.

Products

Core products of the company are dyes, auxiliaries and services for the textile and leather processing industries. Furthermore, the company provides toll manufacturing services for various industries.

Energy Efficiency

In 2014 the company has registered a 21.5 per cent decrease in its energy consumption as compared its consumption levels in 2010. The achievement means that the company has been successful in meeting the target of reducing its energy consumption by one-fifth five years ahead of the targeted time.^[3]

References