Clariant AG: Clariant expands in China by opening a joint venture production facility in Cangzhou for high-end stabilizer additives
Enhances ability to serve increasing demand from Chinese growth industries
Contributes to Clariant s growth ambitions in Chinese market
Muttenz, April 12, 2021- Clariant, a focused, sustainable and innovative specialty chemical company, today announced the opening of a new world-class production facility for process and light stabilizers. The facility is jointly owned by Clariant and Beijing Tiangang Auxiliary Co., Ltd. (Tiangang), a privately owned producer and leading supplier of light stabilizers in China.
Located within the Cangzhou National Coastal-Port Economy & Technology Development Zone in Cangzhou (Hebei Province), the facility forms the centerpiece of the partnership between both companies. It enables Clariant and Tiangang to continue their successful cooperation with an enhanced ability to fulfill the growing demand in China for high-end
Clariant expands in China by opening JV production facility for high-end stabilizer additives
4/12/2021
Clariant announced the opening of a new world-class production facility for process and light stabilizers. The facility is jointly owned by Clariant and Beijing Tiangang Auxiliary Co., Ltd. (Tiangang), a privately owned producer and leading supplier of light stabilizers in China.
Located within the Cangzhou National Coastal-Port Economy & Technology Development Zone in Cangzhou (Hebei Province), the facility forms the centerpiece of the partnership between both companies. It enables Clariant and Tiangang to continue their successful cooperation with an enhanced ability to fulfill the growing demand in China for high-end process and light stabilizers from local growth industries like automotive, textiles and coatings.
Nabin Dhungana
March 11, 2021
Comments
Prime Minister KP Sharma Oli addresses his party leaders and cadres, in Kathmandu, on February 5, 2021.
Of late, Prime Minister KP Sharma Oli and other ministers have been busy laying foundation stones for industrial estates. The number of such events in the last two months is more than the number of events in the past three years, say government officials.
On February, Prime Minister KP Sharma Oli laid the foundation stone for the Daiji Chhela Industrial Estate in Kanchanpur. Oli reached Kanchanpur with Minister for Industry, Commerce, and Supplies Lekh Raj Bhatta on a helicopter. This is the same industrial zone that was announced 25 years ago (in 1995) by Prime Minister Manmohan Adhikari.
McCain to expand local production network in China
As a global company, McCain Foods operates in 160 countries around the world, with 51 facilities located in local markets to best serve our customers.
Building on the Company’s 25 years’ presence in China and to meet the growing demand for our potato products, McCain has announced the investment of US $200million into a second local production facility to be located in Yangling Agriculture Hi-Tech Development Zone, Shaanxi Province.
Through increased capacity and specialized production capability, working closely with local farmers to source high-quality raw potatoes, McCain Foods will continue to lead innovation in frozen potato products that meet growing market demand for locally prepared products across a range of cuisines.
Frozen potato products maker McCain Foods announced Saturday that it is committing $200 million to open a new production facility in the Yangling Agriculture Hi-Tech Development Zone in China’s Shaanxi province.
The new site will boost the Canadian firm’s capacity and production capabilities in China and will work with local farmers to source potatoes. McCain said it initiated the project in response to increased demand for domestically produced products that extend across a range of cuisines.
Headquartered in Shanghai, McCain Foods’ local business, McCain Foods Limited, China, has operated in the country for more than 25 years. The company currently operates another production plant in China in Harbin, Heilongjiang province.