Flame Retardants Market
October 2023- One of the world's leading specialty chemical companies,Clariant exhibited a brand-new breakthrough in its China plan with the authorized launching in October 2023 of its high-tech industrial plant for halogen-free flame retardants in plant based in Daya Bay, Huizhou. The USD67-million funding into the facility’s first manufacturing range will offer domestic clientele with admittance to novel and sustainable Exolit OP flame retardants and linked technical proficiency to assist the substantial development of manufacturing plastics applications in the electrical & electronics and e-mobility categories. The following range is in progress and anticipated to be in development in 2024, demonstrating a further USD44 million financing. The president of BU Adsorbents & Additives, and Clariant EMEA Region, Angela Cackovich said that with the top-class international production facility, the company empower their prominent spot and international proficiency in pioneering and sustainable fire safety solutions. She further added that they have prospects of improved service clientele in China and across the Asia-Pacific region after the modern elements, systems, and devices progressing technological advancement in e-mobility, energy delivery, 5G communications, infrastructure, and more. Domestic manufacturing implies they can enhance cooperation and develop customized resolutions to their coming requests and definitely reduce delivery lead durations. The brand-new production plant is likely to produce Clariant’s worldwide range of patent-protected organo-phosphorus flame retardants and improves the capacity of Clariant’s two Exolit OP plants based in Knapsack, Germany.
Key Companies in the Flame Retardants market include
- Clariant (US)
- ICL (Israel)
- LANXESS(Germany)
- BASF SE(Germany)
- RTP Company Clariant (US)
- Nabaltec AG(Germany)
- Celanese Corporation (US)
- Green Chemicals SpA (Italy)
- Kisumu Chemicals (The Netherlands)
- Dow (US)
- Akzo Nobel N.V. (The Netherlands)
- Amfine Chemical Corporation (US)
- Huber Corporation (US)
- Italmatch Chemicals SpA (Italy)