Swiss Clariant breaks ground on Poland Swfr11.3m masterbatches unit

15 March 2013 13:22  [Source: ICIS news]

LONDON (ICIS)--Clariant has broken ground on its new Swiss franc (Swfr) 11.3m ($11.9m, €9.19m) masterbatches facility in Konstantynow Lodzki, Poland, the Switzerland-based specialty chemicals producer said on Friday.

The company added the unit will double the production capacity of colour concentrates for its masterbatches business. Specific capacity details were not disclosed.

The facility covers an area about 6,800 square metres and will include a production site, laboratory and warehouse as well as Clariant offices, the company said.

“Central Europe is a very promising market and Poland, as a large and dynamically growing country in the region is the natural place for further investments,” said Patrick Jany, Clariant CFO.

“We are deeply convinced that our engagement in building a new facility in Konstantynow will prove to be beneficial for both Clariant and Lodz region”, he added.

($1 = Swfr0.95, €1 = Swfr1.23)

By: Franco Capaldo
+44 (0)20 8652 3214

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