ERJ staff report (DS)
Qingpu, China -- Freudenberg Group has opened a new plant on Thursday in Qingpu, a district of Shanghai, China. Its two subsidiaries, KlÃ¼ber Lubrication and Chem-Trend, will be producing speciality lubricants and release agents at the facility for the Chinese market. Both companies are active in China and operate expanding sales companies in the country.
Freudenberg said, "With an investment of Euro 19 million, the new Freudenberg Chemical Specialities plant in China is the group's most modern facility." The plant is one of the largest in the FCS production plant alliance and is designed for a maximum annual capacity of almost 13 000 metric tons of lubricants and release agents. The company added that the site has a total area of over 30 000 m2. Roughly a third of this is covered areasthe remainder is an, "optional reserve of almost 20 000 m2."
Freudenberg continued, "China is one of the few lubricant markets in the world which, in contrast to the almost stagnating global market, continues on its growth path. Total consumption rose by almost 50% between 1995 and 2005. Annual consumption of all types of lubricants in China is between 4 and 4,5 million metric tons, the second largest consumption worldwide."
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Press release from Freudenberg