Allnex Installs New Capacity for Waterborne Coating Resins to Support Growth in Asia Pacific
Rayong, Thailand, June 30th, 2014 – Allnex announced today the installation of a new reactor at its Plant at Rayong, Thailand. This investment is a commitment to globalize the production of its waterborne coating resins to Asia Pacific. The new capacity is targeted to operate in the first quarter of 2015.
“Waterborne resins that are produced and supplied from Europe to Asia Pacific require longer shipping time with higher risks of delays and winter shipping requirements to our customers in Asia Pacific. With our strategy to commence manufacture in Rayong, we will provide our customers with shorter lead times and increased flexibility to address local needs,” said Mr Wim Vanderghinste, Global Business Director – Liquid Resins & Additives.
Allnex’s RESYDROL™ waterborne resins for eco-friendly Architectural and Industrial coating applications will be key products of this new production capability.
A global company with $1.5 billion in sales, Allnex is a leading supplier of resins for architectural, industrial, OEM and special purpose coatings. We are recognized as a specialty chemicals pioneer and known for our professionalism and for offering the broadest portfolio of high quality, innovative liquid resins and additives, radiation cured and powder coating resins, and crosslinkers for use on wood, metal, plastic, and other surfaces. With manufacturing facilities and research and technology support centers located throughout the world, we also provide responsive, local support to our customers, helping them to rapidly bring advanced coating solutions to the market.
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Ivy Liew (Communications – Asia Pacific)