Chemtura will build a multi-purpose manufacturing facility in Nantong, China, to serve its petroleum additives and urethanes businesses and provide additional capacity for other Chemtura businesses.
We expect that startup would be sometime in 2013, Chemtura spokesman John Gustavsen told Lube Report.
This project lays the groundwork for growth through investment in the worlds most rapidly expanding market, said Craig Rogerson, Chemturas chairman, president and CEO. It will enhance our ability to satisfy consumer demand in China and the wider Asia-Pacific region.
According to Chemtura, the petroleum additives business requires local manufacturing and storage capabilities in China for some of its product lines in order to meet customer demand. These include synthetic finished fluids (refrigeration lubricants, air compressor lubricants and gear oils), and calcium sulfonate grease.
Local manufacturing capacity for synthetic lubricants is required for the business to respond to the markets demand for shorter lead times, said Sean OConnor, president of Chemturas petroleum additives business. Installation of grease capacity in China would provide our customers with a more secure global supply capability, and place capacity in the region with the highest growth rate.