Issue Date: May 12, 2014
Altana Expands In China
German specialty chemical producer Altana is spending a total of $42 million to expand operations at several sites in China. In Foshan, southern China, the firm opened a technical center to support coatings and sealants manufactured at the site. In Tongling, in the inland province of Anhui, Altana opened a wire enamel plant and is further expanding wire enamel production capacity by 40% at the site. In addition, Altana acquired 7.5 acres of industrial land in Shanghai to set up its China chemical additives headquarters, which will include additives production, office space, and a lab.
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