China: Stabilizers Clariant and Tiangang Start Construction of JV Production Site
Clariant and Tiangang conducted a groundbreaking ceremony in Cangzhou (China), just over 200 km south of Beijing. The ceremony marked the start of the construction of a world-class production facility for stabilizers for plastics and textiles.
Shanghai/China — The joint venture between the two companies was established in September 2017, and combines the technology and production knowledge of both companies to provide process and light stabilizers for various growing industries in China, including automotive and textiles. The new facility is based in the Cangzhou National Coastal-Port Economy & Technology Development Zone, offering access to necessary raw materials and other support. The plant is planned to come on-stream in the first half of 2019.
China is a key market for the speciality chemicals company's high-end process and light stabilizers, which include the Nylostab S-EED chemistry, a multifunctional hindered amine light stabilizer, or 'Hals'. Tiangang, which was founded in 1991, is already an important manufacturer of light stabilizers and UV absorbers, with two plants in China backward integrated with production of key intermediates.
The ground-breaking took place just one day after Clariant officially opened wholly-owned plants for Ceridust micronized waxes and Add Works synergistic additive solutions in Zhenjiang, 1,250 km further south. Clariant Global Business Unit Head of Additives, Stephan Lynen, said that Clariant was committed to sustainable growth in China and therefore continues to invest across the country to increase its local production capability and competitiveness.