Coatings World - October 2012

factants, from Amit Choksey Group. This acquisition will enable Solvay’s Novecare business to accelerate growth plans in India for the home and personal care, agrochem-icals, coatings and industrial applications markets. Sunshield Chemicals, a company listed on the Bombay Stock Exchange (BSE), generated net sales of INR 943 million (€ 13. 5 million) in its most recent financial year ended March 31, 2012. The operation, subject to fulfillment of customary conditions and agreements, is expected to be concluded within a period of approximately three months.

and coatings additives. The center is strategically designed to allow for fast, efficient development of new water-based coatings and surface modifying additives formulated specifically for the Asia Pacific markets.

The technology center is designed ar-
chitecturally to allow for collaboration
between Michelman chemists and appli-
cation specialists, customers, visiting sci-
entists, local think tanks, univer-
sities, and others involved in the
research and product develop-
ment process. Michelman has
also installed a new 400 kg pilot batch re-
actor and state-of-the-art testing equip-
ment at the Center that are used to help
customers accelerate the concept-to-
commercialization cycle. CW

Wacker expands production of
VAE dispersions for coatings in
South Korea

Wacker Chemie AG is expanding its production capacity in South Korea for vinyl acetateethylene copolymer (VAE) dispersions. The Munich-based chemical group is constructing a new plant with an annual capacity of 40,000 metric tons at its site in Ulsan. This measure will almost double Ulsan’s VAE dispersion capacity, making the enlarged production complex one of the biggest of its kind in South Korea. Expected to start up in January 2013, the new plant will enable Wacker to meet accelerating demand for high-quality VAE dispersions, especially in South East Asia’s developing countries. Having budgeted around € 10 million for the expansion project, Wacker is strengthening its position as one of the world’s major suppliers of VAE dispersions.

The group is constructing a second reactor line with an additional 40,000 metric tons of annual capacity for applications in the paints and coatings, construction, nonwoven, paper and carpet industries. According to the company, using the Ulsan site’s existing infrastructure will enable favorable manufacturing costs and lead to synergy effects in the areas of transportation and logistics. The expanded site in Ulsan will be one of the biggest of its kind in South Korea.

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® Patented blending/dispersing blade design makes radical improvement over old saw tooth designs

Michelman opens technical center in Singapore for developing coatings additives Michelman recently opened a new technology center in Singapore for developing paint

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