Süd-Chemie expands catalyst business
Joint Venture for polypropylene catalysts formed in China
Süd-Chemie AG, Munich, has taken a majority interest in a joint venture with local partners in China to produce, further develop and distribute polymerization catalysts. This joint venture marks Süd-Chemie's entry into the market for catalysts used in the manufacture of polypropylene, a plastic that is used in a wide variety of applications. This market is growing at an annual rate of around 6%. The future Shanghai Süd-Chemie Jinhai Catalyst Co., Ltd. has a modern production and research facility near Shanghai.
Süd-Chemie has had close trading relationships with China for three decades. In 2002 Süd-Chemie was the first Western company to invest in a joint venture to produce synthetic gas catalysts for the chemical and petrochemical industry. Shanghai Süd-Chemie Jinhai Catalyst will further strengthen Süd-Chemie's position as the world leader in the field of catalysts to produce and condition source materials for plastic.
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