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03-18-2009

Clariant: Joint Venture for Phosphorus Pentoxide Production

Clariant, a world-leading producer of specialty chemicals, is establishing a joint venture with two Chinese partners in Kunming in the Chinese province of Yunnan. A state-of-the-art phosphorus pentoxide plant will be built and is scheduled to go on stream in the first Quarter 2010.

Clariant’s joint venture partners are Kunming GaoHeng Huagong Chemical Industry Co., Ltd., an established Chinese exporter of yellow phosphorus that will provide the key raw material and the infrastructure, and Panchem International Trading and Industrial Co., a long-term partner of Clariant that will provide the logistic services. Clariant will contribute the manufacturing know-how and handle the sales of phosphorus pentoxide from the new plant, through its international sales organization.

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