The new plant will be situated in DaGang in the city of Tianjin, which came on-stream at the end of 2011, and is a joint-venture between Clariant and Tianjin Bohai Chemical Industry Company with a total investment of CNY 120 million (€14.6m).
"Investing in emerging markets is a key element of Clariant's strategy and underlines our focus on extending its value proposition to growing markets,” says Christian Kohlpaintner, member of the Executive Committee, Clariant.
Enhances the company
“For our Business Unit Pigments this investment enhances our customer intimacy in the region and strengthens our position in the Chinese market."
Alongside Clariant's existing powder pigment plant in Hangzhou, the new facility reinforces the company’s on-going commitment to fulfill the needs of customers in China's growing pigment and pigment preparations market for high quality solutions.
“The new plant in DaGang will be adding to Clariant's already rich pigment production capabilities worldwide with 12 pigment plants and 11 preparation plants across Europe, Asia and America. Clariant has invested CHF 200 million in Greater China during the past five years," continues Kohlpaintner.
The new facility will produce pigment preparations in liquid and solid form for applications in various industries including consumer products such as personal care.
Clariant offers colourants for use in personal care formulation, fulfilling the specific needs of hair care products, soaps, toothpaste, skin care and make-up.
The latest expansion in China comes after Clariant, which is one of the major international specialty chemical players on the market, claimed it was currently finding itself embracing the challenge of increased regulation in the market.