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Hermeta Chem invested about USD 30 million in a new production site in Daqing, Heilongjiang, China, with annual output of 1000 mt of Crude Violet 23, 800 mt Powder Pigment Violet 23, and 1500 mt of Azo & HPP Pigments. The foundation ceremony was held on February 20, 2021, and completion is expected in 2022.
“With this new investment of about USD 30 million, Hermeta Chem confirms its commitment to the Organic Pigment market as a long term sustainable partner for our customers with a high quality value proposition.”en.hermetachem.com
Summarized from public sources; check the original articles before acting on it.