15 January 2013 17:38 [Source: ICIS news]
LONDON (ICIS)--Clariant has inaugurated a new production site for its Industrial & Consumer Specialties business unit in the city of Coatzacoalcos, Mexico, the Swiss specialty chemicals maker said on Tuesday.
Clariant has invested over $20m (€15m) into the site, which will produce several chemical specialties and technological solutions for different markets, including personal care, crop protection, metalworking, construction and painting, it said.
Hariolf Kottmann, Clariant CEO, confirmed the groups’ commitment to Mexico and Latin America.
“Mexico is a key player for our operations in Latin America, and this site will be an important reference for the international standards of innovation, sustainability and competitiveness that we want to consolidate within the region,” he said.
Michael Willome, global head of Clariant’s Industrial & Consumer Specialties business unit, said: “With the opening of our new Clariant’s site in Mexico, we will integrate the production of both finished products and intermediates in one place.”
($1 = €0.75)
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