PaintSquare.com


The First Word in Protective & Marine Coatings

A Product of Technology Publishing / PaintSquare
JPCL | PaintSquare News | Durability + Design | Paint BidTracker

Free Download of

Paint and Coatings Industry News

Main News Page


Bayer MS, AkzoNobel Make New Inroads in China

Friday, December 10, 2010

Comment | More

Bayer MaterialScience plans to significantly expand its R&D and production of high-grade materials in China, investing more than $1.3 billion to accelerate production of the polyurethane raw material MDI and high-performance polycarbonate by 2016.

The headquarters of the Polycarbonates Business Unit will be relocated from the company’s main Leverkusen, Germany, site to Shanghai, “to ensure even greater proximity to the booming polycarbonates market in Asia,” the company said in a news release.

“This means Bayer will focus even more intensively on the Asia/Pacific region, where it expects consistent growth in its customer industries.”

Expanded Capacity

Capacities for MDI will more than double to 1 million metric tons a year and for high-performance polycarbonate to 500,000 tons per year. The company also intends to significantly strengthen its R&D activities in the country.

"The expansion of our capacities in China is an important step in strengthening our presence in the emerging economies," said Bayer AG’s Management Board Chairman, Dr. Marijn Dekkers. "We want to increase Group sales in Greater China to around €5 billion by 2015. MaterialScience is expected to contribute at least half of this amount."

In fiscal 2009, the Bayer Group in Greater China recorded sales of €2.1 billion, including €1.2 billion from MaterialScience.

This is one of the biggest single investments to date for Bayer MaterialScience, said CEO Patrick Thomas. In terms of sales, China is the second most important country in the world for the Bayer subgroup, he added. The group is already investing €2.1 billion in Shanghai as part of a long-term project lasting until 2012.

Memoranda of understanding have been signed for both projects.

Coatings Chemical Production

A significant part of the investment package is the expansion of HDI production. HDI is an important starting product for high-quality surface coatings. There are plans to expand the capacity of the existing HDI production to meet short-term market demand. The construction of a further 50,000-ton-per-year HDI production facility is also planned.

With the expansion of its R&D center for polymers in Shanghai, Bayer MaterialScience plans to concentrate on areas in which China plays a leading global role, such as wind turbines and solar energy plants, the company said.

AkzoNobel Opens 6th China Plant

AkzoNobel has underscored its ambition to double revenue in China within the next five years by opening its sixth powder coatings facility in the country.

The plant is located in the Wuhan Economic and Technological Development Zone, a major industrial and manufacturing hub in central China.

The new factory will manufacture AkzoNobel Powder Coatings’ flagship Interpon range of products and joins the business’ five existing sites in Shenzhen, Langfang, Ningbo, Suzhou and Chengdu.

“China is fundamental to our new sustainable growth strategy, and this sixth plant is the latest in a series of new facilities AkzoNobel has inaugurated in the region,” said Leif Darner, the board member responsible for the company’s Performance Coatings activities. “Our ambitions for China are clear, and we are committed to achieving them.”

The Wuhan facility’s current production capacity is 4,000 tons per year and can be further expanded. The additional capacity boosts AkzoNobel’s ability to meet growing demand in what is one of the largest powder coatings markets in the world.

AkzoNobel currently employs about 6,500 people in China, with the country hosting 11% of the company’s Research, Development and Innovation resources. The company’s focus on China will be further strengthened next month when AkzoNobel officially inaugurates its new €275 million multi-site in Ningbo.

   

Tagged categories: AkzoNobel; Bayer MaterialScience; Polymers; Polyurethane; Powder coatings

Comment Join the Conversation:

Sign in to our community to add your comments.

Thermion Inc
Buy Back Program

We are offering $5,000
credit for your old Model
This drive system is
being discontinued by
the manufacturer.
More information at
thermioninc.com
877.884.3428


Van Air Systems
Moisture problems in your air lines?

Van Air Systems' Blast Pak is a portable compressed air drying system that reduces downtime in all blasting and coating applications.


SAFE Systems, Inc.
Custom blast rooms
by SAFE Systems

Don't waste time and money "making do" with a "standard" design. Let us work with you to design and build the
system that best fits
your requirements.
Call 1-800-634-7278


Surface Prep Supply
Surface Prep Supply

Blast It! Coat It! We have you covered every step of the way. Supplier of:
• Abrasives
• Equipment
• Accessories
• Protective Coatings
888-331-7737(PREP)


CS Unitec
Peening Preparation Tools

CS Unitec’s hand-held scarifiers are an ideal alternative to small-area shot blasting for cleaning and preparing concrete & metal surfaces. info@csunitec.com


Fischer Technology Inc.
MP0R with rotating display screen

View your coating thickness readings from any angle with rotating display screen. New graphic display with easy menu navigation. Click for Video
Call 800-243-8417


Safway Services
One Source. Every Solution.

The Safway Group is your source for multiservices. Painting, coating, insulation and more – all from the most trusted name in the industry.

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker JPCL Europe

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2014, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com