The reasons for Ashland investing in CND are firstly its super investment environment and convenient transportation. Second, the sound chemical industrial background provides a beneficial environment for Ashland. The major customers of Ashland, namely, Shanghai GM, Nanjing Fiet, etc. are all close to Changzhou. As located in-between Shanghai and Nanjing, Changzhou is an ideal location for us suppliers. Besides, there are some world famous machinery manufacturers located in Changzhou as well. These companies have big production scale and large consumption on foundry resin, which exists as a potential market for Ashland.

Mike Swartzlander
Vice President & General Manager
Casting Solutions
Ashland Specialty Chemical Company