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In addition, Clariant has announced the startup of its new Quinacridon pigment joint venture in Hangzhou. A new ethoxylation facility in Dayabay, the industrial hub in southern China, is currently under construction and scheduled to open in 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,” said Hariolf Kottmann, Ph.D., CEO. “And, with a sales increase of about 30% in 2010, China is one of the fastest growing markets for Clariant.”
For additional details, visit www.clariant.com.