The Swiss-based Clariant opened its new regional headquarters for South East Asia & Pacific and its new global textile chemicals headquarters, both located in Singapore. Clariant also inaugurated its newly built ethoxylation plant and application laboratory in Guangdong, China. “Expanding Clariant’s business in the fast-growing Asian region is an important pillar in our profitable growth strategy and a strong commitment to serving our customers and markets,” said Clariant's chief executive Hariolf Kottmann.
Clariant’s new regional hub is the first headquarters to be shared by Clariant and Süd-Chemie. The current 200 employees based at the Singapore location will support customers in the South East Asia and Pacific regions. In the last five years, Clariant’s sales in the Asia Pacific region have grown from 17 percent to around 22 percent. At the same time investment reached over CHF 200 million in China alone. Clariant’s acquisition of Süd-Chemie will add significantly to this growth. Süd-Chemie achieved 31.5 percent of its sales in Asia and the Middle East in 2010, standing at EUR 385 million. A third of its employees are located in this region.
Clariant’s completion of its global ethoxylation footprint with a first site in Asia marks another significant investment in the country by its industrial and consumer specialties (ICS) business unit.
The new 80,000 square meter Dayabay plant situated in the South East of Guangdong Province is the business unit’s largest plant in Asia Pacific. The plant has an initial capacity close to 50,000 tons per annum for the manufacture of surfactants. Additionally, it is equipped with an autoclave laboratory to allow fast product development and customization of products to local demands.
Clariant strengthens Asian presence
Published November 1, 2011
Related Breaking News
- BASF Divests Omega-3 Production Plant for Natural Fish Oils to Marine Ingredients
- PPG Showcases Liquid, Powder, Pretreatment, E-Coat Products at FABTECH 2014
- Lonza Industrial Solutions Strengthens Relationship with KODA Distribution Group
- Benjamin Moore & Co. Appoints Ron Schuller As Chief Marketing Officer
Related Paint & Coatings Manufacturer News