The joint venture is based on the increased demand for high-performance organic pigments both in China and the rest of the world. The new production site will be located in Hangzhou, southwest of Shanghai. The pigments produced will be marketed exclusively through the Clariant sales-distribution network.
Clariant's Pigments Division to Produce Pigments With Chinese Partner
June 1, 2005
SULZBACH, Ts., Germany - Clariant's Pigments & Additives Division, Sulzbach, Ts., Germany, and Hangzhou Baihe Chemicals Co. Ltd., Zhejiang Province, China, announced that a joint-venture agreement has been signed for the production of high-performance organic pigments in China.