IGM Resins Announces Expansion of Photoinitiator Production
WAALWIJK, Netherlands - Due to the growing demand of its global business and the drive to introduce innovative new products to the market, IGM Resins has begun the development of a new photoinitiator production facility in Anqing, Anhui Province, China. The new site is designed with a finished product capacity in excess of 10,000 metric tons and includes backward integration into key starting materials. The site will also include a new pilot facility and flexible scale-up production capacity to facilitate the introduction of new photoinitiators developed in support of key market trends, including LED curing, low-migration and waterborne UV technology. Work on the site will begin in the third quarter of 2019, and production is scheduled to begin by the fourth quarter of 2020.
Further increasing its global presence, and to ensure optimal customer satisfaction, IGM also announced two major capacity expansion projects at its Mortara, Italy, photoinitiator production site that will increase the site’s capacity by 25%.