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Clariant to invest in new additives facilities in China

Clariant, a world leader in specialty chemicals, underscores its commitment to Asia with a multi-million CHF investment by its Additives business to ensure local manufacturing in China of customized, high-end solutions for the Plastics, Coatings & Inks industries.

Clariant China

"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 cooperate 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 (BU) 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 increased ability to respond to the strongly growing demand for innovative and sustainable solutions in Asia. For example, the water-based coatings market in Asia Pacific region is estimated to grow from USD 15billion in 2015 to USD 19 billion by 2021.

The expansion of its manufacturing footprint will also enable Clariant to shorten supply lead times and deliver customized high-tech solutions more rapidly in this region. The new facilities at Clariant’s well-established site in Zhenjiang, China, are expected to come on stream in 2018.

CLAPR1256b-1The two production units will focus on offering performance additive solutions for packaging, agro-films, automotive and other applications, and micronized waxes for various coatings & inks applications. These innovative and sustainable solutions can improve end product properties, extend energy conservation or have higher recyclability. They will fill unmet needs of new products with stronger sustainable characteristics and improved performance for customers in Asia, especially in China. According to China’s 13th Five Year Plan and the industrial policy ‘Made in China 2025’, the demand for environmentally-compatible and safe products is highly emphasized.

Stephan Lynen, Head of Clariant BU Additives, comments: “Clariant’s BU Additives faces strong demand from its customers in China and across Asia for sustainable value enhancement in the Plastics, Coatings & Inks industries. With our new local manufacturing facilities we improve the proximity to our customer needs, accelerate our response time and enlarge our offering for high-end solutions. Bringing these technologies to the growth markets in Asia is the logical next step.”

Clariant is a globally leading specialty chemicals company, based in Muttenz near Basel/Switzerland. On 31 December 2016 the company employed a total workforce of 17442. In the financial year 2016, Clariant recorded sales of CHF 5.847 billion for its continuing businesses. The company reports in four business areas: Care Chemicals, Catalysis, Natural Resources, and Plastics & Coatings. Clariant’s corporate strategy is based on five pillars: focus on innovation through R&D, add value with sustainability, reposition portfolio, intensify growth, and increase profitability

www.clariant.com