07 November 2012 21:55 [Source: ICIS news]
CAMPINAS, Brazil (ICIS)--US-based specialty chemicals producer Ashland has begun production in Brazil of a gelcoat made of thermoset resins, pigments and mineral fillers, the company said on Wednesday.
The gelcoat is an in-mould coating used in fibre-reinforced plastics and cast polymers.
The decision to invest in local production was motivated by the growth of the market for boats, one of the main consumers of the gelcoat, said Rodrigo Oliveira, the company's marketing and sales manager.
Ashland has sold its gelcoat in Brazil since 2010 under the name Maxguard.
“The demand from domestic boat builders has grown steadily,” he said. “In parallel, some of the international boat builders we serve globally have opened manufacturing in Brazil.”
Production of the gelcoat began in October in a plant in the city of Goiania, in the central-west region of the country. Ashland did not disclose details on the capacity of the plant or on how much of gelcoat it plans to produce.
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