China: Business Expansion Clariant Inaugurates New Production Facility for Stabilizer Additives
Jointly owned by Clariant and Beijing Tiangang Auxiliary Co. (Tiangang), the new production facility is based in Cangzhou, China. With this plant, Clariant aims to expand its presence in the Asian country.
Muttenz/Switzerland – Clariant has recently announced the opening of a new world-class production facility for process and light stabilizers. The facility is jointly owned by Clariant and Beijing Tiangang Auxiliary Co. (Tiangang), a privately owned producer and leading supplier of light stabilizers in China.
Located within the Cangzhou National Coastal-Port Economy & Technology Development Zone in Cangzhou (Hebei Province), the facility forms the centerpiece 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 stabilizers from local growth industries like automotive, textiles and coatings.
“With this state-of-the-art facility, we enhance our ability to support Chinese customers with high end stabilizers that fulfil their growing demands for sustainable solutions. It is through such expanded local production capacity, which is focused on fulfilling local needs and is supported by a strong local partner in Tiangang, that Clariant will keep outgrowing the local market,” said Conrad Keijzer, CEO of Clariant.
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 Center.
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 435 million dollars (CHF 402 million) in 2020, which represents approximately 10 % of the Group’s continuing operations sales.
Process and light stabilizers 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 stabilizers, which include the state-of-the-art Nylostab S-eed chemistry – invented by Clariant – a unique multifunctional hindered amine light stabilizer, or Hals – for polyamid.
“As a leader in high-end additive solutions, we are very excited to extend our production footprint and step-up local access to high-performing, sustainable solutions. Combining the strengths of both Clariant and Tiangang in a world-class production facility in China, close to our customers, makes perfect sense. It fastens our ability to support the specific and evolving challenges of our customers with sustainable and high-quality offerings,” said Francois Bleger, Global Head of Clariant’s Business Unit Additives.
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 stabilizers 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.
Gang Liu, Executive Director of Tiangang announced: "The official opening of the facility marks a great milestone in the cooperation between both companies. Built on the expertise of both partners, the production facility will now serve the growing demand for high-end additives solutions in Asia with world-class quality products and exceptional service.”