Colloids is exhibiting at Chinaplas for the first time since opening its plant in the country in the third quarter of 2014.
The manufacturing facility, located in Changshu, China - part of the Suzhou jurisdiction, is the company’s first outside of the UK and has capacity to produce some 6,000 tonnes a year of masterbatch.
The company will be showcasing products from its ‘PACE’ product range of engineering polymer-specific masterbatches, designed especially for the advanced thermoplastics industry.
The range encompasses materials gaining ground in metal replacement such as PA, PET, PBT and Polycarbonate, which have been technically developed to ensure 100 percent end product performance.
With an initial investment of 6 million USD, the new plant, named Colloids Plastic (Suzhou) Co. Ltd, is “designed to meet the needs of Colloid's established western customers as they grow in China”. The company says it will develop relationships and supply local Chinese customers who will benefit from Colloids’ expertise combined with local production.
The product range particularly targets plastic processing sectors, supplying sectors such as: automotive, electrical, white goods and consumables industries.
Russell Livesey, Managing Director / CEO of Colloids stated: “Setting up a masterbatch manufacturing plant in Changshu China, is an exciting and positive development in the history of Colloids. This is part of our ongoing strategy to grow Colloids’ masterbatch presence in Asia, offering our customers the benefit of our products being produced and supplied locally and further enhancing our global capabilities.”
Colloids currently manufactures white, colour, additive and black masterbatch in the UK at two facilities, Liverpool and Northampton, employing over 130 people with a turnover of 55 million USD.