Swiss specialty chemicals company Clariant officially opened its new Greater China headquarters in Shanghai on October 20, 2010. The new facility also includes a new technical application center for pigments. Clariant further announced the start-up of its new Quinacridon pigment joint venture in Hangzhou. Additionally, in September 2009, Clariant had launched its new multi-purpose-plant (MPP) in Zhenjiang. A new ethoxylation facility in Dayabay, the industrial hub in Southern China is currently under construction. Its opening is scheduled for mid 2011.
“Setting up the new Greater China headquarters and the new production site in Hangzhou reflects Clariant`s confidence in the stability and growth of the Chinese economy. And, with a sales increase of about 30 per cent in 2010, China is one of the fastest growing markets for Clariant”, comments Dr. Hariolf Kottmann, Clariant`s Chief Executive Officer.