Philadelphia, Pennsylvania - Chemtura Corp. plans to build a multi-purpose manufacturing facility in Nantong, China, to support the growth of its urethanes business.
The Nantong facilitywill initially serve Chemtura's urethanes and petroleum additives business but is expected to provide sufficient additional capacity for other Chemtura businesses, the company said in a 6 June announcement.
A spokesman for Chemtura told UTI that start-up is expected in 2013, but further details regarding the cost of the expansion and the specifics of the plant's size are not yet available.
"This project lays the groundwork for growth through investment in the world's most rapidly expanding market. It will enhance our ability to satisfy customer demand in China and the wider Asia-Pacific region," commented Craig Rogerson, Chemtura ceo.
Chemtura said in the statement that the investment will support the growth of its urethanes business, including its low-free (LF) prepolymer urethanes. The chemical company added that this growth is driven by the commercialisation of the company's Adiprene Duracast product line, coupled with increasing global and regional demand for LF products.
In addition to the planned development of local manufacturing capacity, Chemtura plans to build global scale services, including sales representation, technical development centers, joint ventures and bolt-on acquisitions.
"We will further empower our regional teams to serve their growing customer base with robust service functions and technical support capabilities," Rogerson added.