WR.Grace & Co. has opened a manufacturing plant in China to make additives used by cement producers.
The Chinese economy has been growing rapidly and new construction projects are increasing the country’s need for cement, Grace said. The company did not disclose the cost of the new facility.
“This facility is the continuation of our investment strategy in emerging regions and better positions us to benefit from increasing infrastructure spending in Western China,” Andrew Bonham, president of Grace Construction Products, said in a statement.
The plant, in the Western Chinese province of Chongqing, is the fifth manufacturing facility Columbia-based WR Grace has in China. The other plants are in Shanghai, Tianjin, Guangzhou and Hong Kong. Grace also has a research and development centre in Beijing. The company employs 168 people on the Chinese mainland and 39 workers in Hong Kong.
Grace has a long history of doing business in China. It has had a presence in the country since the 1800s.