DyStar

{{Multiple issues| {{more citations needed|date=March 2010}} {{unreliable sources|date=March 2010}} }} {{Infobox company | name = DyStar Group | logo = DyStar.png | caption = | native_name =  | native_name_lang = en | type = | traded_as = | ISIN = | industry = Chemicals | fate = | predecessor = | successor = | founded = {{start date and age|1995}} | founder = | defunct = | hq_location_city = Singapore, Singapore | hq_location_country = Singapore | num_locations =  | area_served = | key_people = Eric Hopmann | products = Dyes, Inks & Pigments, Chemicals, Effects & Labels, and Textile Services | services = | revenue = approx. USD 1.000 million (in 2014) | operating_income = | net_income = | assets = | equity = | num_employees = approx. 2.000<ref name="HP">[DyStar at a glance - Information on the web site of the firm]</ref> | website = {{URL|http://www.DyStar.com}} }}

'''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 US$1.000 million in 2014.{{Citation needed|date=January 2020}}

== History == DyStar was founded in 1995 as a joint venture from Bayer AG and Hoechst AG.<ref>{{cite book |last=Kaufmann |first=Lutz |year=2005 |title=China Champions: How German Companies Can Successfully Integrate China Into Their Global Strategies |publisher=European Management Publications |pages=104–105 |isbn=9783938877005}}</ref> In 2000 the textile dyes business from BASF was integrated. In 2004 Platinum Equity acquired DyStar.<ref>{{cite journal |last1=Short |first1=Patricia |last2=Tullo |first2=Alex |title=Firms Sell off Dyes, Specialties (Private companies buy DyStar joint venture, Eastman's industrial resins) |journal=Chemical & Engineering News |date=June 7, 2004 |volume=82 |issue=23 |url=https://cen.acs.org/articles/82/i23/FIRMS-SELL-OFF-DYES-SPECIALTIES.html |access-date=6 May 2023 |publisher=American Chemical Society |issn=0009-2347}}</ref><ref>{{Cite press release|url=https://www.businesswire.com/news/home/20040805005798/en/Platinum-Equity-Completes-Acquisition-DyStar-Company-Premier|title=Platinum Equity Completes Acquisition of DyStar; Company is Premier Provider of Dyes and Services to the Fashion and Textile Industries|date=2004-08-06|website=www.businesswire.com|language=en|access-date=2020-01-29}}</ref> In February 2010 DyStar Group was acquired by Kiri Dyes and Chemicals (KDCL),<ref>{{Cite news|url=https://www.reuters.com/article/kiri-dyes-dystar-idINSGE62E0GF20100315|title=UPDATE 1-Kiri Dyes pays 50 mln euro for DyStar buy|date=2010-03-15|work=Reuters|access-date=2020-01-29|language=en}}</ref> 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.<ref name="HP2">[History on the web site of the firm]</ref>

DyStar completed the acquisition of specialty chemical businesses from Emerald Performance Materials in 2016 to expand into the food & beverages and personal care sectors.<ref>{{cite news|title=Dystar Acquires Speciality Chemical Businesses|url=http://www.process-worldwide.com/dystar-acquires-speciality-chemical-businesses-a-534612/|agency=Process Worldwide|publisher=Alexander Stark|date=13 May 2016}}</ref>

In February 2019, DyStar opened a new testing facility in Dhaka, Bangladesh.<ref>{{Cite web|url=https://www.tevonews.com/dyes-finishing-news/1891-dystar-unveils-new-bangladesh-testing-facility|title=DyStar unveils new Bangladesh testing facility|last=Remington|first=Chris|website=T.EVO News|date=21 February 2019 |language=en-GB|access-date=2020-02-11}}</ref><ref>{{Cite web|url=https://sourcingjournal.com/topics/sustainability/dystar-texanlab-bangladesh-140672/|title=DyStar Opens Texanlab In Bangladesh to Help Raise Standards|last=Friedman|first=Arthur|date=2019-02-22|website=Sourcing Journal|language=en-US|access-date=2020-02-11}}</ref>

In April 2023, DyStar closed a 125 years old indigo dye plant in Ludwigshafen, Germany.<ref>{{cite journal |last1=Scott |first1=Alex |title=DyStar to close 125-year-old indigo plant in Germany |journal=Chemical & Engineering News |date=April 27, 2023 |volume=101 |issue=14 |url=https://cen.acs.org/business/economy/DyStar-close-125-year-old/101/i14 |access-date=6 May 2023 |publisher=American Chemical Society |issn=0009-2347}}</ref>

== 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.{{citation needed|date=May 2015}} The company has had rapid growth in China and hundreds of employees based there.<ref>{{Cite book|url=https://books.google.com/books?id=rOC5AAAAIAAJ&q=dystar|title=Textile Asia|date=2005|publisher=Business Press|language=en}}</ref>

== 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{{clarify|date=May 2015}} for various industries.

== Energy efficiency == In 2014, the company has registered a 21.5 per cent decrease in its energy consumption as compared to its consumption levels in 2010.<ref>{{Cite book|last=Muthu|first=Subramanian Senthilkannan|url=https://books.google.com/books?id=j5LFBAAAQBAJ&dq=dystar&pg=PA129|title=Roadmap to Sustainable Textiles and Clothing: Regulatory Aspects and Sustainability Standards of Textiles and the Clothing Supply Chain|date=2014-10-08|publisher=Springer|isbn=978-981-287-164-0|language=en}}</ref> 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.<ref>{{cite news|title=DyStar reduces energy consumption compared five years ahead|url=http://banglaapparel.com/en/news/2015-09-09_14:19:22:0.526912001441786762.en.html|accessdate=10 September 2015|newspaper=BanglaApparel.com|date=9 September 2015|author=Ariful Haq|archive-url=https://web.archive.org/web/20160304215629/http://banglaapparel.com/en/news/2015-09-09_14:19:22:0.526912001441786762.en.html|archive-date=4 March 2016|url-status=dead}}</ref> The company is aiming to achieve its target of reducing its production footprint by 30 per cent — against a 2011 base level — for every ton of production.<ref>{{Cite web|last=Glover|first=Simon|title=DyStar publishes latest sustainability report|url=https://www.ecotextile.com/2021101328459/dyes-chemicals-news/dystar-publishes-latest-sustainability-report-2.html|access-date=2021-12-23|website=Ecotextile News|date=13 October 2021 |language=en-GB}}</ref>

== References == {{Reflist}}

Category:Textile companies of Singapore Category:Companies established in 1995