27 April 1998 00:00 [Source: ICB]
Hercules has linked with Beijing Yanhua High Technology Company, part of Beijing Yanshan Petrochemical, to produce hydrocarbon resins in China. Hercules will take a 55% stake in the venture, with the Chinese partner holding the remainder.
Located near Beijing, the project will ultimately produce 20 000 tonne/year hydrogenated hydrocarbon resins by 2000, based on a flexible technology which manufactures a range of resins.
The initial focus is on light-coloured resins for adhesives and plastics applications to be marketed in the Asia-Pacific.
'This combination of our technology and marketing capabilities with Yanshan's technical expertise and infrastructure creates a strong supplier of these resins in Asia-Pacific markets,' said Hercules senior vice president international, Dominick DiDonna.
'China continues to be an area of key importance to Hercules and to our plans for continued growth.'
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
Sample issue >>
My Account/Renew >>
Register for online access >>
|ICIS Top 100 Chemical Companies|
|Download the listing here >>|