DyStar Extends Production In China
Germany-based DyStar Textilfarben GmbH & Co. Deutschland KG has invested $55 million to establish a new dye facility in China.
The facility - the company's third in that country - will be located northwest of Shanghai in Nanjing. It will manufacture dyes for man-made and cellulosic fibers, and will create 400 jobs. Production is scheduled to begin in the first half of 2006.
The official groundbreaking ceremony was attended by representatives from the regional government and the Nanjing Chemical and Industrial Park, project partners, customers and employees.
"This new production site will speed up our growth in China," said Clemens Willé; Ph.D., CEO, at
the ceremony. "At the same time, it will strengthen our international competitiveness and boost our
market leadership. This investment is a clear sign that DyStar is continuing to invest in its core
business and will remain a reliable partner for the textile industry in the long term."