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Asia Pacific / China

Clariant opens joint venture manufacturing facility in China

Swiss firm Clariant's new site will help meet increasing demand from the Chinese automotive, textiles and coatings markets.

Swiss multinational speciality chemicals company Clariant has opened a new production facility for process and light stabilisers in Cangzhou, China. Located within the Cangzhou National Coastal-Port Economy & Technology Development Zone, it is jointly owned by Clariant and China-based Tiangang, a manufacturer of ultraviolet light stabilisers.

The facility forms the centrepiece of the joint venture partnership between the two companies, which was established in September 2017. Through the opening, both companies aim to meet the growing demand for high-end process and light stabilisers in China from local growth industries such as automotive, textiles and coatings.

In addition to the Cangzhou factory, the company opened its 24,000m² One Clariant Campus in Shanghai in March 2021 as well as announcing plans to build a production facility in Jiaxing in September 2020. China is a key growth market for Clariant, and it is considering additional expansions in the country in the near future.

Clariant’s sales in China amounted to SFr402m ($435m) in 2020, representing approximately 10% of the group’s continuing operations sales.

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“As a leader in high-end additive solutions, we are very excited to extend our production footprint and step up local access to high-performing, sustainable solutions,” said Francois Bleger, global head of Clariant’s business unit additives, in a company press release. “Combining the strengths of both Clariant and Tiangang in a world-class production facility in China, close to our customers, makes perfect sense.

“It quickens our ability to support the specific and evolving challenges of our customers with sustainable and high-quality offerings.”

Naomi Davies

Naomi Davies

FDI consultant

Naomi Davies is an FDI consultant at Investment Monitor, with expertise in location benchmarking and cross-border investment.