SI Group to build phenolic resin plant in China

qiangzi

SI Group to build phenolic resin plant in China

  t3 }/ J- k$ `! xTuesday, March 27, 2012
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5 _* f5 B1 d' eShanghai, China - SI Group, Schenectady, NY, will invest $30 million to build an additional phenolic resin manufacturing site in the Nanjing Chemical Industry Park, NCIP. The new site will have an initial capacity of 30,000 mt/year and the potential for expansion to reach 70,000 mt/year. The facility is set to commence operation in May 2013, and will produce phenolic resins in lump, pastille, liquid, and powder forms to serve the rubber, abrasive, friction, impregnation, and refractory markets. Recently the company announced the opening of a state of the art modern rubber and industrial phenolic resin application laboratory at its Songjiang plant. The overall investments in this modern lab total an approximate $1,5 million