Clariant Strengthens High-Performance Pigment Business in China
Year:2008 ISSUE:9
COLUMN:M & A, BUSINESS & TRADE
Click:206    DateTime:Mar.26,2008
Clariant Strengthens High-Performance Pigment Business in China    

On March 12th, Clariant International Ltd. and Zhejiang Baihe Chemical Holding Group announced the expansion of the Hangzhou Baihe Clariant Pigments Co. Ltd. joint venture by investing in a world-scale plant for the production of quinacridone specialty organic pigments.
   The new plant will be built at the existing joint venture facility located in Hangzhou City, Zhejiang province, and will produce quinacridone organic pigments to meet the growing demand for high-performance organic pigments in Chinese and global markets.
   The move is to strengthen Clariant's leader position in the field of hig-performance organic pigments, according to Clariant.
   Hangzhou Baihe Clariant Pigments Co., Ltd. currently operates a world-scale high-performance Azo organic pigments at the same site.
   Clariant is a global leader in the field of specialty chemicals. Clariant's businesses are organized in Textile, Leather & Paper Chemicals, Pigments & Additives, Masterbatches and Functional Chemicals.