Styron to expand latex production capacity in China

07 April 2011 11:02  [Source: ICIS news]

LONDON (ICIS)--Styron plans to expand its latex capacity at its production facility in Zhangjiagang, China, the styrenics producer said on Thursday.

The company said the additional latex capacity will serve the growing demand for the product in China’s paper and paper-board industry, which is projected to grow significantly over the next few years.

Styron did not disclose details of the plant's current and projected production capacities.

The new unit, expected to begin production in the fourth quarter of 2012, will be adjacent to Styron’s existing latex manufacturing units at Zhangjiagang, the company said.

“The China market continues to show tremendous growth, and this expansion reinforces our leadership in meeting customer needs,” said Chris Pappas, president and CEO of Styron.

Styron, a former division of Dow Chemical, was launched as a stand-alone company in June 2010 following its sale to private equity firm Bain Capital.

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By: Franco Capaldo
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