Strategic Investment Locks China—Chairman Ma Rong, Global President of Ciba Chemical Co., Ltd. and Yu Zhaolin, President of Asia Pacific Region

Last Tuesday, in the Panyu District of Guangzhou, where the headquarters of Ciba's Chemicals and Textiles Division's Asia Pacific headquarters was located, the jubilant lion dance performed at the climax of the inauguration of its first textile chemicals R&D center in the Asia-Pacific region. The lion cub “Xing Qing” is a symbol of prosperity and prosperity. It vividly shows that Ciba’s refinement has been growing rapidly and flourishingly in the Chinese textile chemicals market in the past two years with a high double digit number. “The gravity of the global textile industry is shifting to Asia. China is an important market in the future. Our customers are investing more. The textile chemicals business must also meet the needs of customers in a timely manner.” Ma Rong, Global President, Ciba Textile & Chemical Co., Ltd. Mr. Qian’s remarks revealed that the company’s investment in this area of ​​China began to increase.
Currently, Ciba Specialty Chemicals' investment in China's textile chemicals sector is not only far ahead of other foreign competitors, but also a company's rapid development in China. At the inauguration ceremony of the R&D center with an investment of RMB 25 million, the Asia-Pacific regional headquarters expansion project was also launched at the same time, which will double the existing capacity of Panyu’s textile chemical production capacity. Ma Rong revealed that “In order to develop faster in China, we will further increase investment and invest more resources in Asia and China. At present, most of the company's strategic investment projects are arranged in China, and a series of investment ideas have been clarified. plan."
South China is a key market for Ciba's refined textile chemicals business. Panyu is the Asia-Pacific headquarters of the division. In addition to its R&D center, it also has a technical service center and training center. President Zhao Zhaolin, who is in charge of Asia-Pacific business, gave a timetable for a series of dye and textile chemicals investment projects to be launched by Ciba Specialty Chemicals in China. “The end of this year will be the completion of the expansion project of Ciba Refinery's dye production base in Qingdao. The output will increase by 50%, and the output will double next year. At the same time, a dye research and development center will also be located in Qingdao. In addition to the existing Shanghai Technical Service Center in East China, the Textile Chemicals Technical Service Center in Zhejiang will be located early next year. Opening to meet customer's demand; Panyu base's textile chemicals output will reach 18,000 tons this year, and will double again in two to three years. The textile chemical production line in the UK will be moved to Panyu, China. It will be launched next year. In addition, new European products will be brought to China for production, where exactly is the production and how it is being implemented."
Yue Zhaolin pointed out that the characteristics of the textile chemicals industry must be close to customers. The business scale of Ciba Specialty Chemicals in China has exceeded the scale in the United States. In order to give full play to its advantages in this area, the company has accelerated investment, while developing new products on the one hand and comprehensively advancing investment strategies in South China, East China and Northern China. .
In the face of China's rapidly growing domestic dye and textile chemical companies in recent years, as well as other competitors that are also from abroad and not to be outdone, Yue Zhaolin is confident that at present no competitor can exceed Ciba, “We not only provide products, but also To provide comprehensive services to customers. Customers are not just looking at the quality of the product, they are also concerned about the overall cost of the production process, and Ciba's refinement can provide customers with the best solution."
The textile chemicals industry is not only a traditional industry, but also an industry that is constantly innovating in the face of various challenges. Ma Rong and Yue Zhaolin, two senior executives of the company, have full confidence in this industry. “This is an industry that can develop in the long term and has a very promising future. In order to provide customers with the best service, Ciba Specialty Chemicals has 4 technology centers and R&D centers in China. It is reported that Ciba Specialty Chemicals is considering a strategic reorganization of the textile chemicals business, "may be in the company. Internally through adjustment of investment and talent strategy, it may also be reorganized externally. However, no matter which program is used, there is only one starting point, which is to make customers more satisfied and to make this business get faster development and higher returns.” Ma Rong According to the disclosure, "Restructuring plans will surface before the end of this year or early next year."

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