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Clariant opens new joint venture plant in China

Source:Plastics News Asia     Date:2021-04-15
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Clariant announced the opening of a new world-class production facility for process and light stabilisers. The facility is jointly owned by Clariant and Beijing Tiangang Auxiliary Co., Ltd. (Tiangang), a privately owned producer and leading supplier of light stabilisers in China.

 

Located within the Cangzhou National Coastal-Port Economy & Technology Development Zone in Cangzhou (Hebei Province), the facility forms the centrepiece of the partnership between both companies. It enables Clariant and Tiangang to continue their successful cooperation with an enhanced ability to fulfil the growing demand in China for high-end process and light stabilisers from local growth industries like automotive, textiles and coatings.

 

Conrad Keijzer, CEO of Clariant, stressed that the state-of-the-art facility and strong local partner in Tiangang enhance Clariant’s ability to support Chinese customers with high-end stabilisers that fulfil their growing demands for sustainable solution. 


Clariant Tiangang web.jpg

 

China represents a key growth region for Clariant, and the company is committed to further enhancing its local production and R&D capabilities. In addition to this newly opened facility in Cangzhou, Clariant recently inaugurated its new One Clariant Campus in Shanghai, which includes a dedicated China Innovation Centre. Furthermore, the company announced the construction of a new CATOFIN™ catalysts production facility in Jiaxing, Zhejiang Province, and considers initiating additional expansions in the near future. Combined with other components of its dedicated China strategy, these expansions will enable Clariant to grow its China sales (core business) beyond the current level of CHF 402 million in 2020, which represents approximately 10% of the Group’s continuing operations sales.

 

Process and light stabilisers are types of additives used to reduce the degradation of plastics, in particular caused by exposure to the environmental conditions of light, heat and air. China is a key market for Clariant’s range of such stabilisers, which include the state-of-the-art Nylostab® S-EED® chemistry – invented by Clariant – a unique multifunctional hindered amine light stabiliser, or HALS – for polyamid.

 

The joint venture between Clariant and Tiangang was established in September 2017 and combines the technology and production knowledge of both companies to provide even better process and light stabilisers for various growing industries in China. These industries seek to develop in accordance with China’s economic and climate-related goals and Clariant is able to provide advanced technologies and sustainable products needed to do so. Furthermore, as the drive for sustainability is becoming a truly global movement, Clariant is confident that its production facilities in China will help fulfil a worldwide growing demand for innovative and sustainable products.


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