SAINT-PRIEST, France - As a key supplier of isocyanates, Vencorex is expanding its global capacity for Tolonate™ HDI derivatives by establishing a new production unit in Thailand. The new plant will be ready to serve the Asian market in 2015.
“We want to strengthen our global position, and our presence in Asia will be a significant stepping stone, among others,” CEO Magnus Lanner explained. “This new asset in Asia, with an annual capacity of 12,000 tons per year and our own state-of-the-art technology, will serve this expansion, helping the industry in Asia to provide very high-quality offerings and technology. Thailand is a strategic location and will provide Vencorex with a competitive advantage in the region.”
With this investment in aliphatic isocyanates derivatives production in Asia, Vencorex will have global facilities on three continents.