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Swiss chemicals company continues to invest in its China operations.
October 21, 2010
By: KERRY PIANOFORTE
Editor, Coatings World
Swiss specialty chemicals company Clariant has strengthened its presence in China with the opening of its new Greater China headquarters in Shanghai. The new facility also includes a new technical application center for pigments. Clariant also started-up its new Quinacridon pigment joint venture in Hangzhou. Additionally, in September 2009, Clariant had launched its new multi-purpose-plant (MPP) in Zhenjiang. A new ethoxylation facility in Dayabay, the industrial hub in Southern China is currently under construction. Its opening is scheduled for mid 2011. By this date Clariant will have invested approximately 150 million Swiss francs (CHF) over the last two and a half years. In 2010 Greater China will gain a share of around eight percent of the worldwide Clariant business.
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