Clariant, Tiangang partner produce polymer additives in China

Clariant, Tiangang partner to produce polymer additives in China

6:36 AM, 15th September 2017
Martin John, vice president BL performance additives, Clariant and Yuqing Li, general manager, Tiangang shaking hands after signing joint venture contract for production of high-end polymer additives
Martin John, vice president BL performance additives, Clariant and Yuqing Li, general manager, Tiangang shaking hands after signing joint venture contract for production of high-end polymer additives in China.

MUTTENZ, SWITZERLAND: Clariant has signed a joint venture contract with Tiangang Auxiliary Co Ltd, a privately-owned producer and leading supplier of UV light stabilizers in China.

The multi-million CHF investment of Clariant's performance additives business and Tiangang will establish a world-class production facility in China to meet the growing local demand for process and light stabilizer additives in various growing industries such as textiles or automotive.

To support the growing demand of customers in China, Clariant and Tiangang will jointly manufacture process and light stabilizers and plan to install a new production site in the Cangzhou National Coastal-Port Economy and Technology Development Zone, Hebei province. Production is scheduled to come on stream in the first half of 2019. The JV also plans to expand its offering of solutions for the automotive industry in the future.

"The partnership with Tiangang is another successful step toward strengthening Clariant's position in China. It provides us with a stronger local footprint to better position our innovative solutions in the growing Asia region, especially in China. Furthermore, by cooperating with a leading Chinese company like Tiangang, we can exchange best practices and valuable market insights in order to deliver ever-more tailored solutions to our customers," said Christian Kohlpaintner, Clariant's executive committee member.

"The production joint venture with Tiangang significantly strengthens our ability to serve the strongly growing demand for high-end additives solutions in Asia. Having local production with a well-established and trusted partner improves proximity to our customers and to our raw material suppliers. This will enable us to accelerate response times and shorten supply lead times," said Stephan Lynen, head of Clariant BU additives.

"By partnering with Clariant, a world-leading innovative pioneer in additives development, we look forward to combining the rich technology and production knowledge of both companies to provide the best value-adding solutions and products to the polymer industry with world-class quality and services," added Gang Liu, Vice President, Tiangang.

© Worldofchemicals News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Quaker to present heat activated die release agents

CONSHOHOCKEN, US: Quaker Chemical Corporation presents its die casting product line, including die release agents with smart polymer technol ...

Read more
Archroma launches new colour finder tool for paper industry

REINACH, SWITZERLAND: Archroma has launched a free online tool that allows paper and packaging industry customers to search for products within the co ...

Read more
Sika establishes 99th national subsidiary in El Salvador

BAAR, SWITZERLAND: Sika AG is establishing its 99th national subsidiary in El Salvador, Central America. The company will thus be represented by its o ...

Read more
BioAmber gets non-compliance notice from stock exchange

MONTREAL, CANADA: BioAmber Inc said that the New York Stock Exchange (NYSE) has notified the company that it is no longer in compliance with NYSE list ...

Read more
SABIC inaugurates polypropylene pilot plant in Netherlands

SITTARD, NETHERLANDS: SABIC continued its global expansion with the inauguration of a new polypropylene (PP) pilot plant in Geleen, the Netherlands, a ...

Read more
DIC to expand PPS compounds capacity in Japan

TOKYO, JAPAN: DIC Corporation said it will expand the production capacity for polyphenylene sulfide (PPS) compounds, at its Komaki Plant, in Aichi Pre ...

Read more