Shanghai, China- Degussa AG started up its new polyesters and colourants plants at its multi-user site at the Shanghai Chemical Industry Park on 12 June 2006.
"The start-up of the first production plant at the MUSC represents a milestone for Degussa. We're systematically expanding our presence in China's attractive growth market," said Dr Alfred Oberholz, deputy chairman of Düsseldorf, Germany-based Degussa, in a company statement.
"We're happy to now be able to offer our high-quality products and solutions in China too. These plants will strengthen Degussa's core business," added board member Dr Manfred Spindler.
"We attach great importance to a long-term commitment to China. With this step, our business unit is affirming its confidence in the dynamic growth of the Chinese market, and is supporting customers in the region with local production," commented Dr Hans-Peter Schaufler, head of the Coatings & Colorants Business Unit, emphasising the importance of the Shanghai site for this business.
Degussa's Dynapol coating polyesters-made by the Polyesters & Adhesive Resins Business Line-are used mainly in hard, flexible, coatings for coil and can systems. A combination of light- and weather-resistant coil coatings come from combining polyesters with blocked single-component polyester polyurethane systems (Vesticoat). For the adhesives industry, the business offers Dynacoll copolyesters for moisture-curing systems and the adhesive polyester Dynapol S for hot melts.