Momentive Specialty Chemicals Builds New Resins Plant in Thailand
COLUMBUS, OH – Momentive Specialty Chemicals Inc., Columbus, OH, plans to build a new plant in Chonburi, Thailand, which will increase its capacity to produce acrylic-based resins and serve customers in Southeast Asia.
The new plant significantly expands Momentive’s production of acrylic-based resins in the region by tripling its capacity. The site, which is located on land purchased by Momentive in the Pingthong Industrial Estate Park, will produce a broad range of acrylic resins designed for use primarily in coatings, adhesives, and building and construction applications. In addition to production facilities, the new site will include product development and applications laboratories as well as technical service and application support capabilities for customers.
Construction of the plant is underway, and completion and commissioning is expected to occur in the first half of 2013. When fully operational the plant is expected to employ 30 people. Momentive’s existing, smaller plant in Samutsakorn, Thailand, which is a leased property, will be closed upon completion of the new facility. The company will continue to maintain its sales and administrative offices in Bangkok.
Momentive Specialty Chemicals Inc. (formerly known as Hexion Specialty Chemicals, Inc.) is a global leader in thermoset resins. The company serves the global wood and industrial markets through a broad range of thermoset technologies, specialty products and technical support for customers in a diverse range of applications and industries. Momentive Specialty Chemicals Inc. is an indirect wholly owned subsidiary of Momentive Performance Materials Holdings LLC.
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