The coating and adhesive resins business line expects the additional production capacity to be ready as early as the second quarter of 2024, following the double-digit million-euro investment.
Mastin will join the NAM Board to bolster the association’s leadership in policy advocacy, legal action, workforce solutions, operational excellence and news and insights.
The investment will fund numerous developments across the site, including the transition to automated production processes and plans to increase production capacity and storage space.
EPA published a regulation proposal around N-methylpyrrolidone (NMP) in June 2024 to ban or limit NMP in many applications, such as paints and coatings and their removers. N-butylpyrrolidone (NBP) is a powerful and versatile solvent for a variety of industries looking for alternatives to substance of very high concern (SVHC)-listed solvents.