New Greater China HQ for Clariant
22/10/2010
The company has invested approximately CHF150 million ($156 million) in the plant over the last two and a half years.
In 2010, Greater China will account for approximately 8% of Clariant’s global business. The company employs around 1,300 people in Greater China and is represented in 13 cities with a total of 21 locations.
The firm has also established a new pigment joint-venture in Hangzhou.
“Setting up the new Greater China headquarters and the new production site in Hangzhou reflects Clariant’s confidence in the stability and growth of the Chinese economy. And, with a sales increase of about 30% in 2010, China is one of the fastest growing markets for Clariant,” said Hariolf Kottmann, Clariant’s chief executive officer.
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