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Clariant GmbH signs joint venture with Hangzhou Baihe Chemicals Co. Ltd.

26 Apr 2005 - Clariant's Division Pigments & Additives, Sulzbach, Ts., Germany and Hangzhou Baihe Chemicals Co. Ltd, Zhejiang Province, China, announce that a joint venture agreement has been signed for the production of high-performance organic pigments in China.
 
The new joint venture is based on the increased demand for high-performance organic pigments both in China and the rest of the world. Division Pigments & Additives has a long standing cooperation with Hangzhou Baihe Chemicals Co. Ltd. The new production site will be located in Hangzhou, southwest of Shanghai. The highperformance organic pigments produced by the joint venture will be marketed exclusively through the Clariant sales distribution network.