Cryptic crossword clue
One Nazir company manufactured white pigment 8

The most common and most likely answer to this crossword clue is the 8 letter word ZIRCONIA

I've seen this crossword clue in Financial Times
Z
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A

Buddy explains!

The straight part
We know that "white pigment" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case white pigment = zirconia.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does ZIRCONIA mean?

ZIRCONIA noun
  1. The oxide of zirconium, obtained as a white powder, and possessing both acid and basic properties. On account of its infusibility, and brilliant luminosity when incandescent, it is used as an ingredient of sticks for the Drummond light.

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