10 April 2013 11:57 [Source: ICIS news]
SINGAPORE (ICIS)--Bostik, a subsidiary of French chemical producer Total, inaugurated a new plant for specialty adhesives and sealants in Changshu, east China, on Wednesday, the company announced.
Bostik started commercial operations at the plant in Jiangsu province as the opening ceremony was held.
The unit started test runs in late 2012, and can manufacture a wide range of products including hot melt adhesives, polyester, polyurethanes (PU) and sealants, a company source said.
The plant’s total annual capacity is estimated at 80,000 tonnes of product.
“We started the first phase of the plant, with capacities of 26,000 tonnes/year,” said Patrick Pouyanne, president refining & chemicals for Total.
The reported investment in the first phase of the plant was $48m (€37m). There was no further detail available concerning the second phase.
“We expect we can achieve the total capacities of 80,000 tonnes/year at the plant in five to seven years,” Pouyanne added.
($1 = €0.76)
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