Momentive Specialty opens coating resins plant in Thailand
Located on land purchased by the company in the Pinthong Industrial Estate Park, the plant produces acrylic-based resins for use in various applications, including in coatings, adhesives and building and construction industries.
The production is expected to gradually increase in the second quarter of 2013.
Momentive Specialty Chemicals senior vice president Julia Harp said the company is pleased to start up the new facility on-time and on-budget.
"The new facility positions us to grow rapidly in south-east Asia and we are excited to provide a broader range of acrylic resins to meet the needs of our valued customers," Harp added.
The new Chonburi plant also replaces the company's smaller plant in Samutsakorn, also Thailand, which was a leased property.
In addition to production facilities, the new site includes product development and applications laboratories, as well as technical service and application support capabilities for its customers.
In March 2013, the company has also opened a Tianjin, China-based, plant that produces various amine curing agents for supporting the global demand for high performance epoxy systems.