France’s Arkema to start up China emulsion facility in late 2012

24 November 2011 10:48  [Source: ICIS news]

SHANGHAI (ICIS)--French chemical producer Arkema plans to start up its new emulsion production facility in Changshu, east China in late 2012, a company executive said on Thursday.

The plant, with nameplate capacity of more than 50,000 tonnes/year, will supply products to northeast and southeast Asian regions, said Marc Schuller, Arkema's executive vice president.

Arkema will also open its research and development (R&D) centre at the same site in Jiangsu province in the middle of 2013, Schuller said.

The R&D centre includes polymer science and latex synthesis, he added.

“The Changshu site in China is the largest investment of Arkema in the world, we have invested a total of over €400m [$533m] at the Changshu site,” said Schuller.

Arkema did not disclose specific financial details for the emulsion facility or the R&D centre.

The company is expected to achieve earnings before interest, tax, depreciation and amortisation (EBITDA) of more than €1bn for 2011.

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By: Dolly Wu
+65 6780 4359

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