24 January 2013 17:16 [Source: ICIS news]
LONDON (ICIS)--Clariant plans to invest $3.5m (€2.6m) to expand production of polyisobutylene succinic anhydride (PIBSA) emulsifiers at its plant in ?xml:namespace>
PIBSA emulsifiers are used in explosives for the mining and related industries.
Clariant expects to complete the expansion by late 2013, it said without disclosing capacity details.
"Clariant is committed to improving its supply chain for customers in the Asian region and across the globe, and this new investment will allow for dynamic growth in the southern hemisphere," said Andrew Forward, global business development manager of explosives at Clariant’s mining division.
The company's mining chemicals business is based in The Woodlands, near
($1 = €0.75)
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