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Haldor Topsoe invests $166 million in China catalyst plant

1:40 AM MST | December 13, 2013 | Deepti Ramesh

Haldor Topsoe (Lyngby, Denmark) says that its board of directors, on 12 December, approved the capital investment needed to build the previously announced new automotive catalyst plant in the Tianjin Economic Technological Development Area located about 100 kilometers east of Beijing. The production plant will involve a total investment of about 900 million Danish krone ($166 million), the company says. The construction of the plant has already begun and will consist of two phases. The first phase will be ready for production by April 2015 and the second phase...

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