24 November 2011 10:48 [Source: ICIS news]
SHANGHAI (ICIS)--French chemical producer Arkema plans to start up its new emulsion production facility in ?xml:namespace>
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
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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