Danish firm Haldor Topsoe to set up catalyst plant in China
The plant, to be built with an investment of DKK 900 million, will focus on manufacturing catalysts used to remove NOx from the engine exhaust of diesel vehicles
BS B2B Bureau B2B Connect | Beijing, China
The construction of the plant has already begun and will run over the next two years consisting of two primary phases. The initial phase will be ready for production by April 2015 while the second will be ready by early 2016.
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“We are pleased that the Topsoe board of directors has approved the capital investment to build our new plant in China. The Tianjin facility will significantly strengthen our presence and market position in China and we remain confident that the regulatory measures being taken by the Chinese government to curb air pollution will create attractive opportunities for us in the field of automotive catalysts,” said Bjerne S Clausen, CEO, Haldor Topsoe.
Once complete, the Chinese production plant will be Haldor Topsoe’s third production plant in the world in addition to its two current sites in Frederikssund, Denmark and Houston, Texas.
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First Published: Dec 13 2013 | 10:40 AM IST