Clariant to invest in new Additives facilities in China

Specifications:

Name:

Clariant to invest in new Additives facilities in China

Location:

China

Company:

Clariant

Estimated Cost:

-

Source:

clariant.com

Introduction:

Clariant, a world leader in specialty chemicals, underscores its commitment to Asia with a multi-million CHF investment by its Additives business to ensure local manufacturing in China of customized, high-end solutions for the Plastics, Coatings & Inks industries.

Features:

With this investment, Business Unit (BU) Additives adds its first two fully-owned production facilities to the company's long-standing regional network of commercial and technical support. This provides BU Additives increased ability to respond to the strongly growing demand for innovative and sustainable solutions in Asia.

The expansion of its manufacturing footprint will also enable Clariant to shorten supply lead times and deliver customized high-tech solutions more rapidly in this region. The new facilities at Clariant's well-established site in Zhenjiang, China, are expected to come on stream in 2018.

The two production units will focus on offering performance additive solutions for packaging, agro-films, automotive and other applications, and micronized waxes for various coatings & inks applications. These innovative and sustainable solutions can improve end product properties, extend energy conservation or have higher recyclability.