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Expansion of Production for Polyester Powder Coating Resins

Published on 2004-11-03. Author : SpecialChem

Zwolle, The Netherlands -- DSM Eternal Resins (Kunshan) decided to expand its production facility for polyester powder coating resins in Kunshan, China. It is the second capacity increase after the inauguration of the plant in 1998. The new capacity is expected to come on stream in the second half of 2005. Don Verstegen, Business Groups Director of DSM Coating Resins, comments: "First of all the expansion is needed to maintain DSM's leadership position in the Chinese market. Furthermore and most importantly it demonstrates DSM's commitment to the coating resins market in the presently very turbulent times. Finally, it represents a further step towards the realization of DSM's ambition to double its total turnover in China by 2008."

DSM Coating Resins

DSM Coating Resins specializes in the development and manufacture of resins for coating systems. DSM is one of the global leaders in powder coating resins, with a market share of about 25 per cent. These are used in industrial applications for the coating or washing machines, radiators, facades, car parts, and bicycles.

DSM Coating Resins is one of Europe's leading suppliers of wet coating resins, which are mainly used in decorative and industrial coatings. Where possible, DSM Coating Resins works closely with customers and suppliers in order to minimize costs in the overall demand chain.

DSM Coating Resins increasingly focuses on the development and production of environment friendly, water based coating resins systems. Production sites are in China, the Netherlands, Germany, Spain, Sweden, Taiwan and the USA.

DSM Eternal Resins (Kunshan)

DSM Eternal Resins (Kunshan) is a 50/50 joint venture of DSM Coating Resins and Eternal Chemical established in April 1997. The company is committed to supply the best resins and perfect services to the powder coatings industry. Powder coatings are growing rapidly in China as a new environment-friendly material with good economics and good performance.

DSM

DSM is active worldwide in life science and nutritional products, performance materials and industrial chemicals. The company creates innovative products and services that help improve the quality of life. DSM's products are being applied in a wide range of end markets and applications such as human and animal nutrition and health, cosmetics, pharmaceuticals, automotive and transport, coatings, housing and electrics & electronics (E & E). The group has annual sales (pro forma including the recent acquisition - renamed DSM Nutritional Products) of approximately EUR 8 billion and employs in the region of 25,000 people around the world. DSM ranks among the global leaders in many of its fields. DSM is headquartered in the Netherlands, with locations in Europe, Asia and the Americas.

Eternal Chemical

Established in 1964 in Kaohsiung City, Eternal has concentrated in the development and production of resins and is the leading resins manufacturer in Taiwan. In 1985, Eternal expanded into the highly specialized electronics chemical raw materials industry, producing copper clad laminates and dry film photoresist for printed circuit board (PCB) applications. Simultaneously Eternal expanded its operations geographically to include the US, Japan, Europe, Hong Kong and mainland China. In 1994, Eternal was listed on the Taiwan Stock Exchange, facilitating further rapid growth and diversification of the company. Eternal has enhanced its technological capabilities through dedicated independent research and development as well as through technical cooperation with renowned Japanese, Dutch, German, Swiss and US corporations. High product reliability and quality have won Eternal acclaim as a premier brand in local and international markets. Eternal will continue to strive to upgrade its products and to further internationalize en route to becoming a leading global brand.

Source: DSM Coating Resins


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