In 1877 in South London, the Coates Family established a small business called Coates Brothers which supplied the then highly profitable printing industry. A resin production facility was established on the banks of the river CRAY in Kent in order to supply the printing ink business. This was later followed by a resin facility at Machen in South Wales and Stallingborough in northern England and the name CRAY VALLEY was given to the resin division.
In 1969 the South African operation of Cray Valley was opened to supply Coates Brothers South Africa and the South African coatings market. In the 1970’s, expansion into the unsaturated polyester market occurred. French oil giant TOTAL purchased Coates Brothers and CRAY VALLEY in 1990 and, between 1995 and 1998, the Cray Valley Resins South African manufacturing plant in South Africa underwent a major upgrade in order to be more internationally competitive. In 2011 Total divested its Coatings resin business which was purchased by Arkema, another French multinational group. In December 2013, Ferro South Africa acquired Arkema Resins in South Africa. The name of the company was changed to Ferro Coating Resins.