Clariant on regional growth strategy, opens new additives manufacturing facilities in China
Clariant inaugurates new additives production facilities in China
The Swiss chemical giant Clariant has marked its presence in the Chinese region by opening new manufacturing facilities in the China. The manufacturing facility sites in Zhenjiang, China will produce additives for paints & coatings industry. The newly opened manufacturing plants are dedicated for the Ceridust micronized waxes and AddWorks synergistic line of additive solutions. Both are used in various applications across the plastics, coatings and ink industries.
Change of demand supply scenario & improvisation on regional strategy:
- Improving the regional strategy: Clariant has a good brand name and is a preference of choice for paints & coatings and ink manufacturers. Clariant 's Additives business will gain competitive advantage additionally with the local production capacity by shortening lead time. The company can thus utilize the saved time on providing services with tailor made solutions.
- Saving environment & economy: According to China's 13th Five Year Plan and the industrial policy 'Made in China 2025', the products and custom-made solutions offered by Clariant will boost the confidence for Chinese counterparts. The environment friendly solutions are an important part of Clariant's China sales strategy. The tailor-made solutions fulfill the demand for environmentally compatible as per Chinese environmental regulations.
Clariant: A brief overview
Clariant AG is a Switzerland-based producer of specialty chemicals. The company has four major business segments: Care Chemicals, Catalysis, Plastics and Coatings, and Natural Resources. The first segment, “Care Chemicals” manufactures chemicals for laundry detergents, fabric softeners, disinfectants and dishwashing detergents, as well as de-icing fluids for aircrafts and runways, plasticizers, and special solvents. The Catalysis business area offers different kind of catalysts used in petrochemicals, plastics and refining industries. The Plastics and Coatings business area produces color and additive concentrates and performance solutions for plastics, flame retardants, polymer additives and waxes for functional effects in plastics, coatings, inks and other special applications, as well as organic pigments, pigment preparations and specialty dyes. The Natural Resources business area provides products and services to the minerals and oil and mining industries.
- Satya Shiwani,
Senior Research Analyst,