Clariant invests in new additive facilities in China

Clariant has underscored its commitment to Asia with a multi-million CHF investment by its Additives business to ensure local manufacturing in China of customised, high-end solutions for the plastics, coatings & inks industries.

"This investment is another proof point of our commitment to strengthen Clariant’s position in China, where the future of our company is going to be decided. Local production in China puts us in a better position to benefit from the growth perspectives of the Asia region and especially of China. Being closer to our customers enables us to better co-operate and tailor our solutions to their needs, as well as gain valuable market insights,” said Christian Kohlpaintner, Clariant’s Executive Committee Member.

With this investment, Business Unit 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 an increased ability to respond to the strongly growing demand for innovative and sustainable solutions in Asia. For example, the water-based coatings market in the Asia Pacific region is estimated to grow from US$15bn in 2015 to US$19bn by 20201.

The new facilities in Zhenjiang, China, are expected to come on stream in 2018.