Chem-Trend to expand in China; RMB150 mn investment

US mould release agent and casting lubricants supplier Chem-Trend, together with Klüber Lubrication, part of the Freudenberg Chemical Specialties business group, is investing in an expansion project at its Qingpu facility in China.

The Qingpu facility, which opened in 2008, currently produces process chemical specialities including release agents, speciality lubricants and other related manufacturing process aids. The expansion includes a new R&D centre that will enable the company to develop solutions for customers in the region. The investment also includes training and administration facilities. There is also a plan to increase capacity at the manufacturing facility. An extended warehouse and additional bulk storage provisions are part of the investment as well. By the end of the expansion project, the Qingpu site is expected to have a 16-acre footprint.

The project is expected to take three years to complete and a total investment of more than RMB150 million. The new R&D centre will provide areas for application testing and engineering, as well as special laboratories dedicated to release agents, process aids and lubricants.

Chem-Trend supports a variety of markets in China including automotive, conventional and renewable energy, electronics, advanced composites, textiles, packaging, footwear and construction.

The expanded Qingpu site will become the largest Asian sales and manufacturing facility for both Chem-Trend and Klüber Lubrication.

(PRA)

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