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04-30-2014

Altana Expands Presence in China

Altana the specialty chemicals group based in Wesel, Germany, is significantly expanding its presence in China. In April, the Actega division opened a new laboratory building for coatings and sealants at its production site in Foshan. Elantas commissioned a new plant for wire enamels in Tongling. And BYK signed a contract for the purchase of a site for developing and manufacturing chemical additives in Shanghai. With these projects, the Altana Group is investing a total of over EUR 30 million in the further growth of its China business.

In 2013, Altana achieved its highest growth rate in this region in China. The Asian region as a whole grew by seven percent, driven primarily by the increased demand from China. Currently, Altana operates eight subsidiaries, five production facilities and ten laboratories in the country. With 450 employees here, the company generated sales of around EUR 290 million, or 16 % of its entire global business in 2013.

With the new research facility at its existing production site in Foshan, Guangdong Province, the Actega division is aiming to deliver even more intensive customer service and cut response times for inquiries relating to technical applications.

Altana CEO Dr. Matthias L. Wolfgruber  (2nd from right) and Elant Division President Dr. Guido Forstbach (right) present a painting to Elantas Tongling Managing Director Ye Lixin (left) and Liu Linbao, President Elantas Greater China (2nd from left)  (figure: Altana)

Altana CEO Dr. Matthias L. Wolfgruber (2nd from right) and Elant Division President Dr. Guido Forstbach (right) present a painting to Elantas Tongling Managing Director Ye Lixin (left) and Liu Linbao, President Elantas Greater China (2nd from left) (figure: Altana)

At the Tongling site in Anhui Province, already the world's largest production facility for wire enamels, the Elantas division is expanding capacity by a further 40 percent, to over 60,000 tons per year. "The new plant in China is an optimum fit for Elantas' global strategy, and, along with the founding of a further Elantas subsidiary in Malaysia, a decisive step toward meeting the needs of our customers in the Asian region," explained Dr. Guido Forstbach, President of Elantas Electrical Insulation. "It also backstops the sister plants in Europe, North America and India."

With the signing of a contract to purchase a property of approx. 30,000 square meters in Shanghai, BYK is seeking to bundle its competencies in China. In addi-tion to a large production plant, the Fenxiang Shanghai Chemical Industry Park will also be the home of the new BYK China headquarters with administration, a ware-house for raw materials and finished goods and a laboratory complex. The opening is planned for 2016. BYK started its own manufacturing operations in China very early on in order to meet customer needs locally. The division also operates multiple laboratory facilities, e. g. in Tongling, Shanghai, Beijing and Guangzhou.

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Altana AG

Abelstr. 43
DE 46483 Wesel
Tel.: 0281 670-8
Fax: 0281 670-376

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