Chem-Trend launches China R&D center, expanding production

By Nina Ying Sun
Assistant Managing Editor

Published: August 6, 2014 11:25 am ET
Updated: August 6, 2014 11:28 am ET

Image By: Chem-Trend LP Chem-Trend LP's new research and development center in Shanghai.

Related to this story

Topics Materials, Materials Suppliers, China, Asia

Chem-Trend LP launched a new research and development center in China on July 14, aiming to steadily increase the share of new products in its total sales.

The facility in Qingpu district of Shanghai will be shared by Chem-Trend and Klüber Lubrication — both are business units of Munich, Germany-based chemicals giant Freudenberg Chemical Specialities KG.

For Chem-Trend, a Howell, Mich.-based mold-release agent manufacturer, the R&D center consists of test areas for application testing and engineering as well as special laboratories for release agents and process aids.

The new facility is part of a campus that Freudenberg plans to expand over the next three years with more than 150 million yuan ($24.2 million) of investment.

As a next step, Freudenberg plans to expand the manufacturing facilities for release agents, process aids and specialty lubricants. An extended warehouse and bulk storage capacities are also planned, the company said in a release.

By the end of the expansion, the Qingpu site will cover 66,000 square meters. It will become Chem-Trend’s largest sales and manufacturing site in Asia.

“Our overall investment concept in China is in line with market and customer requirements. This also applies to our innovation strategy. We react to the growing demands of our customers for the development of innovations that meet the specific needs of the Chinese market”, said Hanno Wentzler, CEO of Freudenberg Chemical Specialities, during the opening ceremony.


Comments

Chem-Trend launches China R&D center, expanding production

By Nina Ying Sun
Assistant Managing Editor

Published: August 6, 2014 11:25 am ET
Updated: August 6, 2014 11:28 am ET

Post Your Comments


Back to story


More stories

Image

Bayer spinning off plastics business

September 18, 2014 8:49 am ET

Bayer AG will spin off its MaterialScience plastics group into a separate, publicly-traded company within the next 12 to 18 months.    More

Image

Investor group wants DuPont to split in two

September 18, 2014 7:37 pm ET

Investment firm Trian Fund Management LP is calling for plastics and chemicals giant DuPont Co. to split itself into two firms, one of which would...    More

Image

Smartphone work adds 52 percent to sales for China's Eva Precision

September 18, 2014 4:37 pm ET

Growth in supplying the smartphone and automotive industries helped Chinese processor Eva Precision Holdings Ltd. push injection molding sales up 52...    More

Image

Minnesota receives grant to help develop new bioplastics

September 17, 2014 4:08 pm ET

The University of Minnesota has received a $20 million grant to fund the development of new types of bioplastics.    More

Image

China's Polymax Elastomer launches U.S. production in Illinois

September 17, 2014 3:35 pm ET

Chinese materials maker Polymax Elastomer Technology Co. Ltd. has opened a North American production site and headquarters in Waukegan, Ill.    More

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Woods economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events