| Arkema is investing in a major expansion
of its PVC heat stabilizer production facility in Beijing (China), to respond
to the strong growth of the construction and packaging markets. The
expansion will double the capacity of the site to 12,000 tons-per-year for production
of the full range of tin-based heat stabilizers, and make it the single largest
production facility for tin stabilizers in Asia. The extension is scheduled for
completion in the first quarter of 2008. "As Asia is
our fastest growing market, this investment reinforces our commitment to serve
our customers in the PVC building, construction and packaging markets", says
Rich Rowe, Group President of the Functional Additives Division. The
Beijing plant serves Arkema's customers throughout Asia. Coupled with Arkema's
strong capability for innovation and its technical expertise, this capacity increase
will further strengthen the Company's position as the market leader on the
Asian continent. Organotin stabilizers are widely used in
PVC applications: packaging materials such as PVC bottles, construction materials
(window profiles, vinyl doors, vinyl flooring, and pipe products). They impart
good color and thermal stability as well as long-term weathering resistance. A
global chemical player, Arkema consists of 3 coherent and related business segments:
Vinyl Products, Industrial Chemicals, and Performance Products. Present in over
40 countries with 17,000 employees, Arkema achieves sales of 5.7billion euros.
With its 6 research centers in France, the United States and Japan, and internationally
recognized brands, Arkema holds leadership positions in its principal markets. Source:
Arkema |