I ndustry News
Rohm and Haas opens manufacturing facility
Rohm and Haas has opened operations at its new manufacturing plant
in Sanshui, Guangdong Province,
China. To date, the company has
invested approximately $10 million
in this site, which will manufacture
products based on acrylic emulsion
technology. The new facility has
more than 20,000 metric tons of
capacity and can be expanded to
meet future needs in this rapidly
growing market. Products made at
this facility include environmentally
friendly water-based binders and
emulsions used to make consumer
paint and coatings.
“South China comprises 40% of
China’s total coatings industry,” said
Helen Zhang, greater China general
manager, Rohm and Haas Paint and
Coatings Materials. “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.”
DSM ACQUIRES AMERICAN
RESINS PRODUCER SOLUOL
Netherlands-based Royal DSM N.V.
has acquired the U.S.-based company Soluol, a developer, producer and
marketer of high performance urethane resins which are used in a
wide range of applications, with
annual sales of $20 million. Both
parties have agreed not to disclose
financial details.
The acquisition of Soluol enhances
DSM’s specialty-resins presence in
North America and adds new technology as well as a state-of-the-art
production facility in Rhode Island.
The acquired company will be
grouped under the DSM NeoResins+
business unit, part of the DSM
Resins business group.
“DSM Resins is a strategically
very important business in DSM’s
accelerated transformation into a
leading life sciences and materials
sciences company,” said Nico
Gerardu, member of DSM’s managing board and responsible for the
performance materials cluster. “The
acquisition of Soluol and previously
announced investments underline
DSM’s belief in the strong growth
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