Condat expands in China

One year after the successful launch with its brand-new plant in Qingdao, Shandong province, Condat is excited to announce a major milestone in its growth strategy in China.

On July 15, 2024, Condat finalized the acquisition of the Chinese company ShuangQi/Gaosen, a key local solution provider for wire drawing lubricants. This acquisition significantly strengthens Condat’s presence in the Chinese market and further establishes its position as a leading reference in steelcord applications. Specialized in the formulation and manufacture of sodium soaps, ShuangQi/Gaosen will complement Condta’s existing portfolio…