South Korean PCB maker invests $50M to establish China HQ

Orchem new venture into Changzhou will result in the establishing of a manufacturing and research facility. The facility will specialise in high-quality electronic chemicals used in PCB manufacturing through the deployment of advanced technologies and processes as well as management approaches in a move to cater to the needs of Chinese customers. Changzhou is a key manufacturing hub in the Yangtze River Delta and an active contributor to China's ongoing growth. Ding Chun, mayor of Changzhou, Jiangsu province, China, explained that government departments at all levels are working together to create a favourable business environment that supports business growth. Changzhou and Orchem are well-positioned to achieve a win-win result via a government-enterprise cooperation model, as the project moves forward from contract signing to the construction and operation phases, a press release reads. No further details about the investment has been released.