QINGPU, China (March 7, 2008) — Freudenberg Group has opened a $29 million plant to produce specialty lubricants and release agents in Qingpu, a district of Shanghai, China.
Two Freudenberg Group subsidiaries — Kluber Lubrication and Chem-Trend — will use the facility.
Freudenberg said the 323,000-sq.-ft. plant is the group's most modern facility and is designed for a maximum annual capacity of about 13,000 metric tons of specialty chemicals.
Freudenberg said China is one of the few lubricant markets in the world that is growing, consuming between 4 and 4.5 million metric tons a year.