МОSCOW (MRC) -- Clariant, a world leader in specialty chemicals, announced its latest double digit million investment at the groundbreaking ceremony held on November 5, 2015 at the Java Integrated Industrial & Port Estate (JIIPE) in Gresik, Surabaya, where construction has officially commenced to develop the first phase of a multi-purpose facility that would allow Clariant to establish its presence even further in Indonesia and Asia, said the producer on its site.
With already 5 production sites and 3 technical centers established in Indonesia, Clariant's new site in East Java — the upcoming chemical industry hub in Indonesia, is going to further reinforce Clariant’s commitment to opportunities in the emerging Asian market.
"This new investment highlights the importance of South East Asia and Pacific as a driver of growth for Clariant. The new site we are about to build here in Surabaya is of strong strategic importance as it will help us to capture future growth in Asia. With this step we continue to add highly competitive manufacturing capabilities while capturing synergies within our established production network of six sites in Indonesia," said Christian Kohlpaintner, Clariant's Executive Committee Member at the groundbreaking ceremony.
By establishing its new site at the JIIPE, Clariant is taking advantage of the industrial park's first-class support in many aspects of its operation. For instance, the deep sea port, toll roads and the international airport located in the vicinity of JIIPE will offer strong logistics support for shipments destined for both domestic and international markets.
"With the excellent infrastructure and logistic connections within Java, other Indonesian islands and neighboring countries, I am confident that this site will strengthen our ability to provide value-added services that meet the needs of our local market and customers," said Hans Herrel, Clariant's Country Head of Indonesia at the groundbreaking ceremony.
The first facility to start operation at the new site is going to be a new bleaching earth plant for Clariant's Functional Minerals Business Unit. It is expected to come on-stream early 2017 with facilities from other Clariant Business Units that could join and co-develop the new site in becoming a multi-purpose facility for Clariant in the future.
As MRC informed earlier, Clariant, a world leader in specialty chemicals, today entered into an agreement with an intent to acquire a part of Vivimed Labs Limited's personal care portfolio, subject to necessary regulatory, statutory and other approvals, as may be required.
Clariant AG is a Swiss chemical company and a world leader in the production of specialty chemicals for the textile, printing, mining and metallurgical industries. It is engaged in processing crude oil products in pigments, plastics and paints.