SHANGHAI, China - Coatex has reaffirmed its ambition to develop its business in Asia with a new plant to start up mid 2011 and the launch of a Technical Service Application Laboratory in early 2011. During a press conference organized at China Paper 2010 in Shanghai, Coatex, a subsidiary of Arkema Group, confirmed the development of its business in Asia, a key sector of Coatex’s continued global business development. Thanks to a dynamic and innovative R&D team, as well as a leading commercial position and its renowned hallmarks, Coatex is growing rapidly in Asia.

To attain its objective, Coatex is making solid inroads in all Asia with its local partners in domains such as paper coating, paint and coatings, construction, and mineral processing.

Coatex also announced the opening mid 2011 of its new plant in Changshu, China. This will increase its worldwide production capacity by 80 ktons per year of rheology modifiers. A new application laboratory will also open on the same site in the beginning of 2011.

Coatex designs and produces rheology additives for aqueous formulations and waterborne processes. These high-performance environmentally friendly additives are used all around the world in a wide variety of applications, such as paint and coatings, paper coating, minerals processing, detergency, concrete, gypsum, ceramics, and water treatment. Coatex is part of the Arkema group.