Clariant announced it will significantly expand the capacity of its catalysts production facility in Panjin, Liaoning province, Northeast China. A double-digit CHF million investment will further optimize the existing facility and enable the creation of a new state-of-the-art production line for Clariant’sSynDane maleic anhydride (MA) catalyst.
"This investment supports Clariant’s strategy of focusing on its core high-value specialty businesses to intensify growth. Asia-Pacific, and especially China, is a main growth market and therefore it is vital that we continue to enhance our presence and customer proximity," said Hans Bohnen, Clariant's Chief Operating Officer.
The ambitious project will allow Clariant to enable its customers to meet the dynamically growing global demand for MA, as production is expected to jump from 1.75 million tons in 2018 to 2.07 million tons in 2022. MA is a fundamental component of polymers and coatings used in the construction, automotive, marine, and energy industries.
Stefan Heuser, Senior Vice President & General Manager Business Unit Catalysts at Clariant, commented on the development: “With a high-performance MA catalyst range and extensive R&D investment, Clariant is well positioned to support MA producers globally. The expansion of our catalyst production in Panjin will further strengthen our leading role in this market.”