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Home > News > Corporate News

Clariant announces grand opening of its new catalyst plant in Zhejiang, China

Source:Adsale Plastics Network Date :2023-04-14 Editor :JK
Copyright: 原创,请勿转载

Clariant announces the grand opening of its new CATOFIN catalyst production site in Jiaxing, Zhejiang Province, China. Investing in innovations such as CATOFIN is a core element of Clariant’s new purpose-led strategy, as expressed in the statement "Greater chemistry – between people and planet".

 

Beyond that, the company believes that the site will serve to increase the already expanding footprint in China, adding on to the existing nearby catalyst plants in Jinshan and catalyst R&D center within the One Clariant Campus in Shanghai.


1_web.jpg

Clariant opens new CATOFIN catalyst plant in Zhejiang, China.


“This investment is part of our strategy to strengthen our regional footprint and increase the share of local production in China with leading catalysts technology in a strongly growing segment,” said Jens Cuntze, President of Clariant Catalysts & Asia Pacific.

 

CATOFIN is a catalyst for propane dehydrogenation (PDH), which is used in the production of olefins such as propylene. Thanks to its reliability and productivity, CATOFIN delivers high annual production output, resulting in increased overall profitability for propylene producers.


2_web.jpg

The production facility represents an investment of CHF 80 million.


Also, the company has developed a specialty material called Heat Generating Material (HGM), which reduces the energy consumption of the CATOFIN technology by up to one-third, further highlighting the advantages of this reliable, high-yield catalyst solution.

 

Representing an investment of CHF 80 million, the site was completed within 18 months from ground-breaking in September 2020, becoming fully operational last year.

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