2006/12/14 Rohm and Haas
Rohm and Haas Company and Weihai Jinhong Polymer Company, Ltd.
form Joint Venture to Serve Chinese Plastics Additives Market
Rohm and Haas Company (ROH) and Weihai Jinhong
Polymer Company, Ltd. today announced their agreement to
form a new joint venture, Jinhong Rohm and Haas Chemicals
Company Ltd (JinHaas), designed to deliver a complete range
of quality plastics additives products and superior technical
support to the building and construction and PVC packaging
segments of the Chinese market. The joint venture is currently
pending for Chinese government approval.
The new manufacturing joint venture, to be based at Jinhong's
Weihai City plant, will produce methacrylate
butadiene styrene (MBS), acrylic impact modifiers (AIMs) and
acrylic processing aids for distribution in China, as well
as other emerging markets. It combines the strong brand
reputation, distribution network, extensive product and process
technology, and Environmental, Health and Safety (EHS) experience
of Rohm and Haas Company with the significant manufacturing
capacity, product offering and regional marketing and sales
expertise of Jinhong Company.
According to Joan Schuller, Rohm and Haas Asia-Pacific Region
General Manager, Plastics Additives, JinHaas has been formed to
address the specific needs of the rapidly growing plastics
additives market in China
"With this joint venture, we will become the first
multinational company with a significant manufacturing footprint
of plastic additive polymer in China."
Said Schuller.
"We are committed to a leadership position, and to growth in
the China plastics additives market.
The addition of the local manufacturing facility will allow Rohm
and Haas to provide an extensive line of products that are
engineered to maximize value by meeting the very specific
requirements of the Chinese market. "Having a local presence
will allow us to be more responsive to our customers' product
needs and technical service requests,"
Schuller added.
"It is a great addition to our current Asia-Pacific
manufacturing network which includes our Singapore and Nishiki,
Japan facilities."
"Our companies
share the same vision: to be the leading PVC additives supplier
in China," said Mr. Xu DongGuo, Chairman of
Weihai Jinhong. "This joint venture brings together our
individual strengths to create an organization that will offer
the most complete array of plastics additives products and
technical services available to the Chinese market."
Mr. Xu also noted
that both companies share the same values in the areas of ethics,
high quality products, leadership, customer service and care for
the environment. "Our companies are a mutually good fit for
this partnership."
According to the
terms of the venture, Jinhong will contribute its Weihai City
plant, and Rohm and Haas will contribute cash to jointly improve
manufacturing operations. The structure of the joint venture
gives Rohm and Haas 51 percent ownership. It is expected to be
operational in first quarter 2007.
The JinHaas joint venture provides both parties with increased
market penetration and growth potential that would be
significantly more costly and time consuming for either company
to achieve individually. Rohm and Haas expects to double its
plastic additives sales in China by 2010.
# # #
About Rohm and Haas Company
Leading the way since 1909, Rohm and Haas is a global pioneer in
the creation and development of innovative technologies and
solutions for the specialty materials industry. The company's
technologies are found in a wide range of markets including:
Building and Construction, Electronics, Food and Retail,
Household and Personal Care, Industrial Process, Packaging,
Paper, Transportation and Water. Our innovative technologies and
solutions help to improve life everyday, around the world. Based
in Philadelphia, PA, the company generated annual sales of
approximately $8 billion in 2005. Visit www.rohmhaas.com for more
information. imagine the possibilities?
About Weihai Jinhong Polymer Company, Ltd.
Located in the south of Weihai City of Shandong province,
established in 1986, Weihai Jinhong Chemical Industry Co., Ltd.
is specialized in developing, manufacturing and managing new
polymer materials. We mainly produce PVC additives, and the key
products include chlorinated polyethylene (CPE) with annual
output of 15,000 metric tons, acrylic impact modifier (AlM), MBS
impact modifier, and acrylic processing aids with annual output
of 20,000 metric tons. The company has several subsidiaries,
including Jinhong Pipe Co., Ltd., Jinhong Electronic Co., Ltd.
and Jinyu Environmental Protection Technology Co., Ltd. Visit
www.jinhong.com.cn for more information.
Ceres and Rohm and Haas to study plant-based BioPRODUCTS
Energy crop company Ceres, Inc. and Rohm and Haas Company, a leading manufacturer of specialty materials, today announced a research collaboration that will work toward producing plant-based alternatives to a petroleum-derived material used in thousands of home and industrial products. Such an innovation would boost the economics of energy crops and biofuel production, and could one day displace as many as 280 million gallons of oil annually with a renewable source.
Funded by a $1.5 million research grant from the U.S. Department of Agriculture, the three-year project will determine if energy crops planted for cellulosic ethanol セルロース系エタノール could simultaneously produce methacrylate monomers, a key raw material used in the manufacture of many products including paint and coatings, building materials, and acrylic sheet and resins. The economics are attractive. More than 1.5 billion pounds of methacrylate monomers are produced annually in the United States, a market worth $780 million.
Though in its early stages, the science looks promising. Molecular biologists and biochemistry experts at Ceres say that some plants naturally produce compounds similar to methacrylate monomers, but do not necessarily accumulate them in extractable forms or quantities. They believe it may be feasible to alter the way plants produce these compounds so that they can be extracted from the dried stalks, stems and leaves before these are fed into biorefineries producing ethanol from cellulose. Cellulosic ethanol derives its energy from the whole plant rather than just the grain, as in corn-based ethanol.
Ceres President and CEO Richard Hamilton says the potential production of co-products may encourage greater investments in biorefineries capable of producing ethanol from cellulose. "Getting the cellulosic ethanol industry up and running will take significant investments and the bigger the prize at the end, the better. Methacrylate monomers are a compelling co-product due to the significant market size, feasibility of plant-based production and the fact that it is currently derived from oil and natural gas," Hamilton said.
There is a readymade market for plant-based methacrylate sources, but the final product will still need to be up to industry specifications, says Tim Donnelly, Global Technology Director for Rohm and Haas Company's Primary Materials business. As one of the world's leading producers of acrylate and methacrylate monomers, Rohm and Haas Company is bringing its market knowledge and technical expertise to the project. They will assist in developing extraction and isolation technology as well as evaluating the end-products.
"Rohm and Haas Company's Primary Materials business is aggressively pursuing economically viable routes to acrylic monomers made from renewable materials. We look forward to adding our monomer expertise to this project," says Donnelly.
Steve Bobzin, Ph.D , Ceres' principal investigator on the grant, says that the research will focus first on producing methacrylate monomers and similar compounds in a model plant with well-understood metabolic pathways. Successful traits would then be applied to energy crops.
Funding for this project was provided by USDA and DOE's 2006 Biomass R&D Initiative grant program, which has targeted $17.5 million for 17 biomass projects. Separately, Ceres received a second $1.5 million grant under the program to double switchgrass yields by 2020. Switchgrass is one of the top feedstocks being considered for cellulosic ethanol production.
ABOUT CERES
Ceres, Inc. ( www.ceres.net ) is the leading developer of
high-yielding energy crops that can be planted as feedstocks for
cellulosic ethanol production. Its development efforts cover
switchgrass, miscanthus, poplar and other energy crops. Founded
in 1997 as a plant genomics company, Ceres holds the largest
proprietary collection of fully sequenced plant genes, including
more than 75,000 genes and 10,000 gene promoters. The privately
held company also licenses its traits to other organizations.
Ceres' headquarters are located in Thousand Oaks, California.
ABOUT ROHM AND HAAS
Since 1909, Rohm and Haas ( www.rohmhaas.com ) has developed innovative
technologies and solutions for the specialty materials industry.
The company's technologies are found in numerous industries,
including: building and construction, electronics, food and
retail, household and personal care products, industrial process,
packaging, paper, transportation and water. Based in
Philadelphia, PA, the company generated annual sales of more than
$8 billion in 2006.
Rohm and Haas Announces Construction of a New Polymer Emulsions Plant in Moscow Region, Russia
Rohm and Haas, the leading producer of specialty materials, today announced plans to build a new manufacturing facility in the Moscow region. The proposed plant will produce polymer emulsions for a number of markets including paint and coatings materials, and adhesives.
The plant is a greenfield facility with close proximity to key customers and with excellent access to local and imported raw materials and all key utilities. Construction at the site will begin in the first half of 2008 with completion planned for early 2009.
The new plant will have an initial capacity of 50,000 metric tons, with a planned expansion to 70,000 metric tons to meet rapidly growing demand for polymer emulsions.
The plant is the company's largest investment in Russia to date and will be wholly-owned by Rohm and Haas. It will create employment in the area for chemical engineers, operators and administrative personnel.
"Rohm and Haas is delighted to make this bold step in the Russian market," said Raj L. Gupta, chairman, president and chief executive officer. "We have been active in Russia for more than 30 years through our affiliates. We provide solutions for the paint, construction, packaging, water treatment and industrial processes industries. This investment heralds a new commitment by Rohm and Haas into what we consider to be one of our core growth markets."
Rohm and Haas is the world leader in environmentally advanced polymer emulsion technology. For more than 50 years, the company has successfully designed polymer materials that bring valuable characteristics to its customers' products. The company makes a versatile range of emulsion binders and additives used to formulate interior and exterior wall paints that perform extremely well, can satisfy local cultural preferences for paint finishes, and work well in regional weather conditions. The company also offers acrylic adhesives that are used to make insulated panels for building construction, pressure sensitive adhesives, as well as packaging and label adhesives.
"Establishing dedicated manufacturing in Russia will enable us to deliver our technically advanced products faster to the local domestic Russian market and to the neighbouring markets of Ukraine, Byelorussia, Kazakhstan, and the Baltic States. We are committed to bringing innovative products and tailor- made solutions to the marketplace", commented Jean-Francois Mayer, Director of the Company's Central and Eastern Europe and Turkey markets.
JinHaas officially begins operation - Contributes to Chinese plastics additives market
Rohm and Haas Company (ROH) and Weihai Jinhong Polymer Co. Ltd announced today that they have begun formal operation of a joint venture company, Jinhong Rohm and Haas Chemical Company (JinHaas), following the announcement of the agreement in December 2006. JinHaas will produce methacrylate butadiene styrene (MBS), acrylic impact modifiers (AIMs), and acrylic processing aids for distribution in China, as well as in other emerging markets.
The grand opening ceremony of JinHaas was successfully held in Weihai today, with more than 250 government officials, important customers and business representatives present. They included Wang Peiting, Deputy General Secretary of Weihai City CCP and Mayor of Weihai City People's Government, Mark Douglas, VP of Rohm and Haas, Asia-Pacific Regional director and China CEO, and Patrice Barthelmes, VP of Rohm and Haas and Global Business Director for the company's US$1.8 billion Packaging and Building Materials business.
With this joint venture, Rohm and Haas will become the first multinational company with a significant footprint of plastics additive manufacturing in China. The local manufacturing facility is a great addition to the current Asia-Pacific manufacturing and supply network of Rohm and Haas overall.
Headquartered in Weihai, Shandong Province, Rohm and Haas holds 51 percent of the JinHaas company shares. The new company was created to deliver a complete range of high-performance plastics additives to the building and construction and the PVC packaging segments of the Chinese market.
"We are proud to be a part of this joint venture," said Mr. Barthelmes, "and we are confident JinHaas will prove to be yet another successful example of our cooperation with a high-quality Chinese company. We believe that the significant manufacturing capacity, product offerings, and regional marketing and sales expertise brought to the venture by Jinhong Company will enable Rohm and Haas to bolster its leadership position in China's plastics additives market. Together, through JinHaas, our companies will develop and provide the right products to meet the growing needs and demands of Chinese customers."
"The establishment of this joint venture will promote the domestic plastics additives market development of Shangdong province and even the whole of China," Mr. Xu Dongguo, President of Weihai Jinhong Polymer Co. Ltd, added, "Strong brand reputation, a well-ordered distribution network, extensive product and process technology, and the significant environmental, health and safety (EHS) experience of Rohm and Haas Company is expected to provide the most reliable guarantee to the healthy operation of JinHaas."
September 3, 2007 Rohm and Haas
Rohm and Haas Expands In
India
Company is Now the Leading Provider of Acrylic Emulsions in This
Region
Deep Commitment to this Market Evidenced in Opening of Second
Manufacturing Facility in Four Years
Rohm and Haas Company today celebrated the inauguration of its second,
state-of-the-art acrylic emulsions facility in India to meet growing demand for its
environmentally advanced products and technology in this
important region.
The Chennai facility, located in the Sriperambudur industrial
area of Tamil Nadu in South India, is opening with the capacity
to make 30,000 to 40,000 metric tons a
year of specialty materials used in the manufacture of paints
and coatings, adhesives, textiles, paper and leather. The plant,
which cost US $12 million to build, is a “zero discharge”
facility that meets
very stringent environmental standards set by the state of Tamil
Nadu. The Chennai facility will also operate under the company’s “21st Century”
program which
strives for reliable, cost-effective manufacturing facilities and
a competent, motivated workforce continually focused on
improvement.
The largest and fastest-growing supplier of environmentally
advanced acrylic emulsions
The company also is doubling the capacity of its
35,000 metric ton facility in Taloja, which is located near Mumbai in
the state of Maharashtra. The combined capacity of Taloja
and Chennai (100, 000 to 110,000 metric tons per year) makes Rohm and Haas India’s largest and fastest-growing
producer of environmentally advanced emulsions and additives for
paints and coatings and other waterbased polymer industries . The
company also has the leading position for solventless and
water-based adhesives used by India’s packaging & converting
industry. “Put quite simply, our goal is to
be the best specialty materials supplier in India,”
says Harish Badami,
President and Managing Director for Rohm and Haas India.
“India
is a critical component of our company’s overall growth strategy,”
said Rohm and Haas
Chairman and CEO Raj L. Gupta, who is visiting customers,
government officials and employees throughout India as part of
the celebration of the new plant. “In fact, we believe more than 80
percent of our sales growth between now and 2010 will take place
in the fastest-growing markets of the world ? India, China,
Southeast Asia, Central and Eastern Europe. “
Rohm and Haas has
been an increasingly important participant in the Indian market
since 1995, when the company opened its first sales offices in
Delhi and Mumbai. The company expects to report US $100 million
in sales revenue for India in 2007, and targets to more than
double sales to $250 million here over the next five years.
Best-in-class design and operating practices for a growing
infrastructure
Mark Douglas, Vice President of Rohm and Haas and Director of the
Asia-Pacific Region, says the company is building a lasting
infrastructure to support this growth, including plans for a
process engineering and technical center in addition to the two
manufacturing facilities. “For example, Chennai and Taloja
are not our largest facilities,” he says, “but they have been built to
incorporate the leading-edge environmental, management and
operating practices that the company has developed elsewhere
within its global manufacturing network, and at the same time can
manufacture products customized for local markets. In India
today, we have the capability to serve both large and smaller
customers who can expect reliable, quality products to be
delivered to their door time after time.”
A healthy outlook
for Rohm and Haas in India
Pierre Brondeau, Executive Vice President of the company, says
the growth and development of the Indian market is a good fit for
the growth of Rohm and Haas. “We are recording sales growth in
excess of 30 percent per year for our products, within a market
that is seeing 9 percent GDP growth overall,”
he says. “The underlying factors that
support this growth ? a strong housing and construction market,
increasing consumerism and a retail boom and an increasing demand
for products that are safer and better for the environment than
existing technology ? are expected to remain strong. This should
enable us to continue to record sales growth of twice that growth
of GDP in India ? or greater ? for several years to come.”
Brondeau also noted
that the company is seeing good growth prospects for products
that are imported into the Indian market as well, particularly
ion exchange resins, biocides, and SMARTFRESH products which help
extend the freshness of fruits and vegetables.
| Quick Facts about the Chennai Facility: | |
| ・ | Initial capacity of 30,000 to 40,000 metric tons of materials used in paints and coatings and other emulsion polymer applications like adhesives, textile chemicals, paper and leather; |
| ・ | “Zero discharge” facility, in full compliance with stringent local guidelines as well as Rohm and Haas’s global standards; |
| ・ | Strategically situated to serve customer needs in fast growing southern Indian markets; |
| ・ | First new Rohm and Haas plant to come on-stream with ‘21st Century Manufacturing’ and other best practices in place; |
| ・ | Located on a 16-acre site at the Sriperumbudur industrial area near Chennai, on the Bangalore highway, and 85 km. from the international seaport at Chennai. |
January 08, 2008 Rohm and
Haas
Rohm and Haas Opens Sanshui Manufacturing Facility in Guangdong,
China 広東省仏山市三水区
Site will expand as
needed to support future growth
Rohm and Haas Company, the leading supplier of binders and
additives for the global paint and coatings industry, today
officially launched the initial operations of its new
manufacturing plant in Sanshui, Guangdong Province, China. To
date, the company has invested approximately USD $10 million in
this site, which will make products based on acrylic
emulsion technology.
This is a significant milestone for Rohm and Haas’s strategic footprint in China and
further demonstrates the company’s commitment to the South China
coatings market.
Located in Sanshui, Guangdong, the new facility enhances Rohm and
Haas ability to quickly supply local customers with quality,
locally made products in South China. The new plant has more than
20 thousand metric tons of capacity, and can be expanded to meet
future needs in this rapidly growing market. Products made at
this facility include environmentally advanced water-based
binders and emulsions used to make consumer paints and coatings.
Sanshui also produces polyacrylic acid dispersant products used
in detergents and mining applications.
“South
China comprises 40 percent of China’s total coatings industry. This
huge market potential, along with our global expertise as the
world’s leading supplier of materials
for the paint and coatings industry, brings us here. We are most
grateful to the Sanshui government for their support. Our success
here would not be possible without them,”
said Helen Zhang,
Greater China General Manager, Rohm and Haas Paint and Coatings
Materials.
Zhang noted that Rohm and Haas is also dedicated to maintaining
high standards for this facility. “Rohm and Haas will fulfill our
commitment to the community, to our customers, and to the China
Coatings market, by adhering to its responsible care commitments,
and our stringent Environmental, Safety and Health (EHS)
management standards.”
Rohm and Haas will
continue its strategic, long-term investments in China to meet
the needs of local markets. Rohm and Haas China Research and
Development Center opened in September 2006 and is located in the
Shanghai Zhangjiang High-Tech Industrial Zone. It has over 600
employees, 200 among which are R&D scientists, engineers and
technicians. With a total investment target of USD $60 million,
Rohm and Haas has spent USD $30 million in the first phase of the
CRDC.
Rohm and Haas PCM (Paint and Coating Materials) is committed to
providing world-class product and service to China customers. In
Jan, 2007, Rohm and Haas launched its Paint Quality Institute
(PQI) in GuangZhou. To date, more than 500 people from the
coating industry have attended PQI training courses, with the
numbers expected to grow significantly in 2008 and beyond. This
is another effort in South China to support the local coating
whole industry and consumers to increase the need for the high
quality paint.
Rohm and Haas and Tasnee
and Sahara Olefins Company Form Joint Venture to Make Acrylic
Monomers in Jubail, Saudi Arabia
* 250,000 metric ton facility to be operational in 2011
* “Saudi Acrylic Monomer Company”
will use advantaged
supply of propylene and latest process technology to make acrylic
acid and related products
* Supports Rohm and Haas’s accelerated growth of acrylic
portfolio in rapidly developing economies
Rohm and Haas Company and
Tasnee Sahara Olefins Company (TSOC) of Saudi Arabia said today
they will form a joint venture which will produce 250,000 metric
tons of acrylic acid and related esters in Jubail, Kingdom of Saudi Arabia,
beginning in 2011. These feedstock materials will
be used primarily to support the fast-paced growth of Rohm and
Haas’s water-based acrylic products in
rapidly developing economies. TSOC will have exclusive rights to
sell a portion of the acrylic acid products within the Gulf
Cooperation Council countries of Saudi Arabia, Bahrain, Qatar,
Oman, Kuwait and the United Arab Emirates.
“This
is a wonderful day for Rohm and Haas,” said Carol Eicher, Vice President
and Business Director for the company’s Primary Materials business. “This joint venture - Saudi Acrylic
Monomer Company
- demonstrates our commitment to secure monomers at the right
place, at the right time, and at the right cost - in support of
the ongoing global growth of our acrylic portfolio.”
Eicher noted that
the Jubail facility is the first downstream chemical project of
its kind to be undertaken in the Middle East.
Saudi Acrylic Monomer Company will be 75 percent owned
by TSOC; 25 percent by Rohm and Haas. Rohm and Haas will invest
approximately $50 million for its equity stake in the venture,
and will license its technology for making acrylic acid. When
completed, the plant in Jubail will employ approximately 225
people.
Rohm and Haas will consume the majority of the plant’s production to supply the needs
of the company’s downstream businesses to make
products used in paints and coatings, adhesives, caulks,
sealants, plastics additives, detergents additives and in
industrial applications, among others. Some of the plant’s production will also be
allocated for sale to external customers. TSOC and Rohm and Haas
will cooperatively market products to the Saudi, GCC, Middle
East, Asia and European regions.
TSOC is comprised of Tasnee, one of the largest private
industrial companies in the Kingdom of Saudi Arabia, and Sahara
Petrochemical,
a publicly traded Saudi joint stock company, with a history of
developing petrochemical projects in Saudi Arabia.
“We
are pleased to be able to form this partnership with TSOC,”
said Raj L. Gupta,
Chairman, President and CEO of Rohm and Haas, an $8.9 billion
specialty materials company. “These are well-known and highly
regarded firms. We are looking forward to a long and prosperous
relationship for all involved.”
Rohm and Haas is
the world’s largest supplier of acrylate and
methacrylates monomers. Its $2 billion Primary Materials business
operates a world-class acrylic acid and ester facility in Deer
Park, Texas.
About Tasnee and Sahara Olefins Company
TSOC is a Saudi joint stock company established by Tasnee and
Sahara. It owns 75 percent of the Saudi Ethylene and
Polyethylene Company (SEPC).
SEPC is establishing $ 2.5 billion cracker complex which will
produce one million tons of ethylene, 285KTa of propylene and 800
KTA of polyethylene. SEPC is 25 percent owned by LyondellBasell
Industries.
About Rohm and Haas Company
Leading the way since 1909, Rohm and Haas is a global pioneer in
the creation and development of innovative technologies and
solutions for the specialty materials industry. The company’s technologies are found in a wide
range of industries including: Building and Construction,
Electronics and Electronic Devices, Household Goods and Personal
Care, Packaging and Paper, Transportation, Pharmaceutical and
Medical, Water, Food and Food Related, and Industrial Process.
Innovative Rohm and Haas technologies and solutions help to
improve life every day, around the world. Based in Philadelphia,
PA, the company generated annual sales of approximately $8.9
billion in 2007.
Rohm and Haas to Build Plant in Vietnam
Rohm and Haas Company said today that it intends to build an acrylic emulsion facility in Nhon Trach city, within the Dong Nai province of Vietnam, in order to meet the fast-growing needs for the paints and coatings market. The company will spend approximately US$10 million for this facility, which will be completed by the middle of 2009 and will join a network of 12 plants across the Asia-Pacific region, part of a system of 34 plants worldwide.
"This is a great investment for Rohm and Haas, one that has significant strategic benefits," said Bruce Hoechner, Vice President and Asia-Pacific Regional Director for the $2 billion Paint and Coatings Materials business. "We have been importing products into the Vietnamese market for more than 12 years, trying to keep up with demand by bringing in products from operations in China and Thailand," he said. "However, demand continues to grow, and is now expected to grow at 15 percent per year for the next 10 years. We simply must build a plant here now in order to serve the growing needs of our customers."
Rohm and Haas has gained remarkable reputation in Vietnam for excellent products, tailored to meet specific customer needs. Rohm and Haas will be bringing its state of art manufacturing capability to Nhon Trach, with the ability to expand capacity as needed to meet future market demand. Technical support will continue to be provided from the technical service lab in Singapore and the state-of-the-art R&D center in Shanghai, China. Hoechner said the new Vietnam facility will strengthen the efficiency and capabilities of the entire Asia-Pacific supply chain.
The plant will be constructed within the Nhon Trach 3 Industrial Park, about 30 kilometers from Ho Chi Minh City.
Within the past six months, Rohm and Haas has commissioned new plants in Sanshui, Foshan, China and Chennai, India, and expanded a facility in Taloja, India. The company is also building or expanding plants in Russia, Turkey and Mexico.
Rohm and Haas Opens Sanshui Manufacturing Facility in Guangdong, China
Site will expand as needed to support future growthRohm and Haas Company, the leading supplier of binders and additives for the global paint and coatings industry, today officially launched the initial operations of its new manufacturing plant in Sanshui, Guangdong Province, China. To date, the company has invested approximately USD $10 million in this site, which will make products based on acrylic emulsion technology. This is a significant milestone for Rohm and Haas's strategic footprint in China and further demonstrates the company's commitment to the South China coatings market.
Rohm and Haas Expands in India
Company is Now the Leading Provider of Acrylic Emulsions in This Region
Deep Commitment to this Market Evidenced in Opening of Second Manufacturing Facility in Four YearsRohm and Haas Company today celebrated the inauguration of its second, state-of-the-art acrylic emulsions facility in India to meet growing demand for its environmentally advanced products and technology in this important region.
The Chennai facility, located in the Sriperambudur industrial area of Tamil Nadu in South India, is opening with the capacity to make 30,000 to 40,000 metric tons a year of specialty materials used in the manufacture of paints and coatings, adhesives, textiles, paper and leather. The plant, which cost US $12 million to build, is a "zero discharge" facility that meets very stringent environmental standards set by the state of Tamil Nadu. The Chennai facility will also operate under the company's "21st Century" program which strives for reliable, cost-effective manufacturing facilities and a competent, motivated workforce continually focused on improvement.
The largest and fastest-growing supplier of environmentally advanced acrylic emulsions
The company also is doubling the capacity of its 35,000 metric ton facility in Taloja, which is located near Mumbai in the state of Maharashtra. The combined capacity of Taloja and Chennai (100, 000 to 110,000 metric tons per year) makes Rohm and Haas India's largest and fastest-growing producer of environmentally advanced emulsions and additives for paints and coatings and other waterbased polymer industries. The company also has the leading position for solventless and water-based adhesives used by India's packaging & converting industry. "Put quite simply, our goal is to be the best specialty materials supplier in India," says Harish Badami, President and Managing Director for Rohm and Haas India.