The Chinese chemicals giant is bringing two facilities online in Q1
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Tianhe's new R&D facility Image: Tianhe Chemicals |
Tianhe Chemicals has brought a new additives research and development facility online in China and plans to open another plant in India next month.
The chemicals giant, which raised $654m in its IPO last summer, is investing heavily in global R&D.
The Jinzhou DPF-TH chemicals plant came online in January after almost two years of construction. The facility has a floor space of around 6,000sqm and comes furnished with laboratories, analysis and training rooms, as well as inspection equipment and large-scale analytical equipment.
One of the key features of the plant will be faster data processing and sharing equipment to ensure information is shared quickly and accurately across the three departments.
Last year, Tianhe slated $30m for investment in a 20,000sqm facility near Bengalaru, India. According to trade journal Lube Report Asia Tianhe may be opening the new facility as early as March.
While the chemicals company is investing keenly in R&D it still lags behind major industry players like Lubrizol, Afton Chemicals and Infineum, who already have a strong foothold in the region.