Tag Archives: Investment

Galata Chemicals opens its 4th Tin Stabilizer facility

LAMPERTHEIM, Germany, 3-Sep-2020 — /EPR INDUSTRIAL NEWS/ — Galata Chemicals, a leading global producer of plastic additives, announced the commissioning of its newest Tin Stabilizer production facility in Dahej, India. This facility will produce Methyl, Butyl, and Octyl Tin Stabilizers, further expanding the global reach of its Mark® Tin Stabilizer portfolio. With products already commercially approved by several leading PVC and CPVC processors, this new facility is well positioned to serve both the domestic Indian market as well as international sectors.

 

“The product validation by our customers was a crucial step in making the decision to forge ahead with capital investment despite challenging market conditions driven by the COVID-19 pandemic. This expansion demonstrates Galata’s commitment to the Indian and global vinyl markets,” said Drew Clock– Executive Vice President, Galata Chemicals Global Group. This will be Galata’s fourth Tin Stabilizer facility after Taft (Louisiana, USA), Bradford (Ontario, Canada), and Lampertheim, (Germany).

Additionally, the site will begin production of Tin Intermediates including Tetrabutyltin (TBT), a precursor to Butyl Tin Stabilizers. “Producing the final product is only one part of the story. Backward integration is the keystone to long term manufacturing and commercial success. This is the next stage of Galata’s evolution and will not be the last.” said Drew Clock.

 

Used in a wide range of applications including PVC Pipes and fittings, sheet extrusion, and injection molding, Mark® Tin Stabilizers have led the industry in quality, value, and performance for decades. The newest investments in India will serve the existing Tin Stabilizer Vinyl markets as well as focus on providing lead-free solutions in order to meet stricter regulatory requirements.

SOURCE: EuropaWire

New Trade and Investment Deal Between China And US

Shenzhen (Longgand District) China, China MartTM Los Angeles (www.ChinaMartUSA.com) and YiWu Mart (Shenzhen) signed a partnership to create a gateway for Chinese Manufactures to invest in China Mart’s business platform in Los Angeles, USA.

New Trade and Investment Deal Between China And US

Representative’s from U.S. and Chinese government were present. Mr. Fu Xin Jiang, Shenzhen Deputy District Chief of Longgang District, Mr. Knight Chen, Shenzhen CCPIT Director (China Council for Promotion of International Trade http://english.ccpit.org), and Mr. Vance Baugham, Los Angeles County’s World Trade Center President spoke at the Ceremony and commended the Trade and Investment cooperation.

Mr. Vance Baugham states, “From this region, China began its great global growth. With this new trade and investment partnership, Los Angles, China’s gateway to America, is ready to support this significant new venture.”

Mr. Stephen Perl, CEO of China MartTM Los Angeles states, “China Mart Los Angeles is designed as a business platform providing support to Chinese manufactures entry and investment into the U.S. through access to the U.S.’s Largest Market in the World, customized marketing support, and financing support through our partner, 1st PMF Bancorp that specializes in lending to Chinese and U.S. businesses (www.PMFbancorp.comwww.PMFbancorp.cn ).”

Via EPR Network
More
Industrial press releases