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Coatex Reaffirms its Ambition to Develop its Business in Asia

Published on 2010-09-17. Author : SpecialChem

Coatex reaffirms its ambition to develop its business in Asia with a new plant to start up mid 2011 and a Technical Service Application Laboratory launch 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, Paints & Coatings, Construction and Mineral Processing.

Coatex is also proud to announce 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.

As explained by Coatex CEO, Alain Mari, during the press conference, "This new development reaffirms Coatex ongoing commitment to its key markets and customers in the region".

By this new milestone in China, Coatex is paving the way for a stronger and a long lasting presence in Asia.

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 Painst & Coatings, Paper coating, Minerals Processing, Detergency, Concrete, Gypsum, Ceramics and Water treatment. Coatex is part of the Arkema group.

About Arkema:

A global chemical company, Arkema consists of three businesses: Vinyl Products, Industrial Chemicals, and Performance Products. Arkema reported sales of 4.4 billion euros in 2009. Arkema has 13,800 employees in over 40 countries and 7 research centers located in France, the United States and Japan.With internationally recognized brands, Arkema holds leadership positions in its principal markets.

Source: Arkema

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