Written on 22.11.2013 - Industry
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Vencorex expands its Tolonate HDI derivatives capacity into Asia

As a key supplier of isocyanates, Vencorex is expanding its global capacity for Tolonate HDI derivatives by establishing a new production unit in Thailand. The new plant will be ready to serve the Asian market in 2015.

“We want to strengthen our global position, and our presence in Asia will be a significant stepping stone, among others” says CEO Magnus Lanner. “This new asset in Asia, with an annual capacity of 12,000 tons per year and our own state-of-the-art technology, will serve this expansion, helping the industry in Asia to provide very high quality offerings and technology. Thailand is a strategic location and will provide Vencorex with a competitive advantage in the region."

“Asia is fast growing and this new capacity will allow us to effectively participate in this rapidly expanding market. We will improve our level of service through these dedicated resources within the region. The new plant in Thailand will provide us with an industrial footprint for HDI and derivatives: in addition the markets served by Pont-de-Claix in France and Freeport in the USA”, says Sutin Chamulitrat, Vice President, Marketing & Sales. With this investment in Aliphatic Isocyanates derivatives production in Asia, Vencorex will have global facilities on three continents.

Vencorex is the owner of key technologies and a major manufacturer of aromatic (TDI) and aliphatic isocyanates, (HDI, IPDI) and their derivatives, for the polyurethane markets. Relying on a worldwide commercial representation, Vencorex has manufacturing and lab units in France and the USA. The company is now supported by PTT Global Chemical, Asia’s leading integrated petrochemical company and the Perstorp Group, a leader in the specialty chemicals market.