Haldor Topsoe, a Danish company focusing on catalysis business, has invested 600 million yuan ($91 million) in an advanced catalytic converter plant in China's Tianjin Economic-Technological Development Area.
"Topsoe is strongly committed to China, and it is no coincidence that this plant–our largest investment ever – is located here," said the company's chief executive, Bjerne S. Clausen, after announcing the investment on Thursday.
He said China was an important growth market for the company.
"We believe that the production of advanced catalytic converters will be a relevant contribution to support the ambitious environmental goals in the thirteenth five-year plan," he said.
According to Chinese government plans, China intends to peak its carbon dioxide emissions by around 2030 and will make its best efforts to do so early.
The plant produces advanced catalytic converters that clean the exhausts from heavy-duty diesel engines in trucks, buses and other vehicles.
Basic smog components, as well as hazardous soot particles, are removed, which significantly improves air quality.
Topsoe has been operating in China since the 70s.In 1984, the company established an office in Beijing.
Topsoe's strong commitment to China's environmental progress also involves a wide range of other solutions besides catalytic converters.
The company offers products that clean off-gases from power plants and industry, enable refineries to make cleaner fuels, and support better use of coal. It also provides sustainable solutions within renewable fuels from biomass or waste and battery materials.
