Clariant, the world's leading manufacturer of specialty chemicals, announced a new production joint venture with Beijing Tiangang Auxiliary Co., Ltd. on November 20 and will purchase plant construction land at Lingang National Economic Development Zone in Cangzhou, Hebei Province A private company and supplier specializing in the production of light stabilizers in China.
Clariant is a leading supplier of photostabilizer solutions and is recognized for its advanced technologies in the plastics and coatings business such as HALS and Hostavin®NOW technologies. With the rapid growth of local demand for solutions, Clariant and TianGang plans to build a world-class production facility to jointly manufacture processing and light stabilizers locally to meet the needs of the region. The new production base is scheduled to start operation in the first half of 2019 The joint venture will initially focus on the production of textile stabilizers and solutions for the automotive industry.
Clariant and Beijing Tiangang Celebrate First Milestone of New Joint Venture for Processing Stabilizers and Light Stabilizers in China
November 20, Cangzhou Municipal Committee, Bohai New Area Party working committee secretary, director of the CMC Zhang Guodong, Cangzhou Lingang Economic and Technological Development Zone, deputy party secretary, CMC director Li Huafeng, Cangzhou Lingang Economic and Technological Development Zone Commission Deputy Director Yu Zengzhou met with representatives from Clariant and Beijing Tiangang and officially confirmed that the factory location will be set at Cangzhou Lingang National Economic and Technological Development Zone.
Secretary Zhang Guodong said: "The signing of the Clariant project has brought Bohai New Area another major breakthrough in the introduction of advanced foreign technologies, and Bohai New Area will fully assist all kinds of formalities required for the project.
Secretary Zhang Guodong welcomed Clariant's presence and hoped to collaborate with Clariant Company on the basis of existing cooperation to tap more possibilities for more advanced foreign technologies in the Bohai New Area and expect the initial work of the project to be completed as soon as possible.
Stephan Lynen, Head of Business Unit at Clariant Additives, said: "China is seeing strong growth in demand for high-end additive solutions. The centralized antitrust review of the operators was formally approved in October and we are pleased to be working with the trusted partners Partners work together to take this next major step forward by jointly promoting the establishment of local production facilities that will speed up our response times, shorten lead times and lead times and provide customized solutions to customers in rapidly growing Asia, especially China '
Mr. Liu Gang, Deputy General Manager of Beijing Tian-gang added: "Cangzhou Lingang National Economic and Technological Development Zone, as a state-level chemical industry park, is an excellent place to build a world-class additive production base with the necessary raw materials and other kinds of support The advantage is an ideal place to build a world-class additive manufacturing facility, and we are excited about this new site and believe it will be the first successful step for our collaboration with Clariant. "