Howell, Michigan - Release agent manufacturer Chem-Trend Inc. has opened a 300 000-sq.ft (28 000-sq.m) complex in Qingpu, near Shanghai, built for joint use by Chem-Trend and its sister company, Kluber Lubrication for making release agents and speciality lubricants.
Chem Trend makes release agents and other process chemical specialties for the polyurethane, rotational moulding, die casting, general rubber, tyre, thermoplastics and composites industries.
"Our new manufacturing facility in China will allow Chem-Trend to better serve our customers with premium release agents in the rapidly expanding Chinese market," said Chem-Trend president and ceo Mike Quinn, in a company announcement.
The burgeoning Chinese market prompted the decision to invest about 200 million RMB ($28 million) in the plant, according to Quinn. Sectors with particularly strong growth include the automotive, plastics, footwear, tyre and composites industries, Chem-Trend added.
This is one of the largest investments by Chem-Trend, based in Howell, and Kluber, of Munich, Germany, both of which have been active in China for decades, the company statement added. Both companies are part of the Freudenberg Group, headquartered in Weinheim, Germany.
The site is designed to produce a maximum of almost 13 kilotonnes a year of release agents and lubricants. Chem Trend has an optional on another 200 000 sq.ft, which is intended to house a technical service and research laboratory.
Chem-Trend and Kluber currently employ about 170 people in China, most based at Qingpu, the company added.