Momentive, UPC JV phenolic resins in China

Momentive, UPC JV for phenolic resins in China

7:55 AM, 6th November 2012
Momentive, UPC JV for phenolic resins in China

COLUMBUS, US: Momentive Specialty Chemicals and UPC Technology Corporation have recently broken ground on a joint venture manufacturing facility. The facility will produce specialty phenolic resins and be operated by Zhenjiang Momentive Union Specialty Chemicals Ltd established in Zhenjiang, mainland China in August 2012 by Momentive Union Specialty Chemicals Ltd (MUSC).

The new joint venture facility, which will produce specialty phenolic resins, is located in Zhenjiang, Jiangsu, China, and is adjacent to an existing UPC Technology Corporation manufacturing complex. This construction represents the first portion of a two-phase project, which will create an 80 kilo tonne per annum specialty phenolic resins facility.

The new plant will produce a full range of specialty novolac and resole phenolic resins, which will be provided under several industry-leading trade names of Momentive Specialty Chemicals. These materials are used in applications including refractories, friction, abrasives and electronics.

“After a thorough permitting process, we are pleased to begin construction of the new site with UPC as our valued partner. We believe Momentive’s global leadership in phenolic resins technology, coupled with the regional strength and infrastructure of UPC in Greater China, will allow us to bring our versatile materials to the growing China market,” said Ian Harris, General Manager, MUSC.

© WOC News

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