Industry News

Degussa Puts Colorants and Polyesters Plants in Shanghai on Stream - Start of Production in the Shanghai Chemical Industry Park

Published on 2006-06-14. Author : SpecialChem

Shanghai -- Degussa AG, Düsseldorf, recently celebrated the start-up of its new polyesters and colorants plants at its multi-user site (MUSC) in Shanghai. On June 12, 2006, Dr. Alfred Oberholz, Dr. Manfred Spindler, and Dr. Hans-Peter Schaufler welcomed a large number of guests from the worlds of politics and business to the Shanghai Chemical Industry Park. "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. Oberholz, deputy chairman of Degussa AG's Management Board.

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 Dr. Spindler, member of the Management Board. Dr. Schaufler, head of the Coatings & Colorants Business Unit, emphasized the importance of the MUSC for the Coatings & Colorants Business Unit. "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."

The new multi-user site is located in Shanghai Chemical Industry Park (SCIP), on the southern outskirts of the city. The investments are pooled in Degussa Specialty Chemicals (Shanghai), a subsidiary of Degussa's Chinese holding Degussa (China) Co., Ltd. The polyesters and colorants plants of the Coatings & Colorants Business Unit are the first projects at this site.

DYNAPOL coating polyesters of the Polyesters & Adhesive Resins Business Line, which belongs to the business unit, are used mainly in hard, but at the same time flexible, coil and can coating systems. Light- and weather-resistant coil coatings are obtained by combining polyesters with blocked single-component polyester PUR systems (VESTICOAT). For the adhesives industry, the business line offers DYNACOLL copolyesters for moisture-curing systems and the adhesive polyester DYNAPOL S for hot melts.

For both in-plant and point-of-sale tinting (in home improvement stores, for instance), the Colorants Business Line produces and develops high-quality pigment pastes and color tinting systems that can be adjusted with extreme accuracy and are aimed particularly at the paints, coatings, and related industries. Thanks to high-grade pigment pastes, colors of paints and coatings can be adjusted as desired with high accuracy and reproducibility. For the decorative coatings market, pigment pastes of the COLORTREND brand name represent an international standard for tinting of architectural paints and DIY coatings, while CHROMA-CHEM pigment pastes optimize the coloring of industrial paints and coatings.

Degussa is the global market leader in specialty chemicals. Our business is creating essentials – innovative products and system solutions that make indispensable contributions to our customers' success. In fiscal 2005 around 44,000 employees worldwide generated sales of 11.8 billion euros and operating profits (EBIT) of 940 million euros.

Source: Degussa

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