Innospec has announced that it has finalized the registration of its wholly owned enterprise in China. Innospec Chemical (Beijing) Co Ltd was formally registered in July and will begin trading on October 1, replacing the company’s 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. We will be able to trade and manage inventory locally. This will enable us to grow our business in this expanding and thriving market,” said Patrick S Williams, President and CEO.
“We are delighted that we will be able to improve our service to customers across all of our businesses in China – for Fuel Specialties, Performance Chemicals and Oilfield Services. We look forward to working with our customers to create profitable solutions for the long-term growth of their business,” added Sean Pang, Regional Director for Innospec in Asia Pacific.