Ciba Specialty Chemicals to invest in a new plant for high performance pigments in China
Ciba specialty chemicals continues its expansion in China with a major investment in a new production plant in Qingdao. The plant will manufacture high performance pigments and additives and will serve as a regional base for Ciba's coating effects business. Production shall start in early 2008.
"We are expanding our capacity in high performance products with a new site in China, where our customers are increasingly moving their own operations," says Hermann Angerer, Global Segment Head of Coating Effects at Ciba Specialty Chemicals. "This investment will strengthen our position in Asia in line with fast-growing demand in the transportation, plastic and construction industries and will turn Qingdao into a key supply point in our global production network."
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