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Chemical Week Magazine :: Business & Finance :: Asia/Pacific

Haldor Topsøe invests $166 million for China catalyst plant

2:12 PM MST | December 23, 2013 | —Deepti Ramesh

Haldor Topsøe says that its board has approved the capital investment needed to build a previously announced automotive catalyst plant in the Tianjin Economic Technological Development Area, about 100 kilometers east of Beijing. The plant will require a total investment of about 900 million Danish kroner ($166 million), the company says. The plant’s construction has begun and will consist of two phases. The first phase will be ready for production by April 2015, and the second phase will be ready by early 2016, Topsøe says. Plans for the...

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