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Innospec Expands in China


Wholly-owned enterprise begins operations on October 1.

Innospec Inc. has concluded the registration of its new wholly-owned enterprise in China. Innospec Chemical (Beijing) Co. Ltd. was formally registered in July, and will begin full operation on October 1, 2017, replacing Innospec's previous representative office.

"This is the next step in gradually extending Innospec's global footprint as the demand for specialty chemicals continues to develop, particularly in China," said
Patrick S. Williams, president and chief executive officer, Innospec. "We will be able to trade and manage inventory locally."

Williams noted that this move will enable Innospec to grow its business in this expanding and thriving market.

"We are delighted that we will be able to improve our service to customers across all of our businesses in China," added Sean Pang, regional director for Innospec in Asia Pacific. "We look forward to working with our customers to create profitable solutions for the long-term growth of their business."