ICI is investing in a second emulsion polymerization facility in China, underlining its strategic commitment to 'aggressive growth' in the region. Construction has started on the $20 million facility at the Songjiang Industrial Development Zone in Shanghai and is scheduled for completion in mid-2007. The plant will be operated by National Starch, a business of ICI, and will produce for the local market specialty polymers and solution acrylic adhesives for high end tapes and labels, water treatment, detergent, packaging coatings and decorative coatings industries. The 45,000 tons per annum facility, with 40 new staff, will have the capacity to serve a number of other end use markets, including ICI's paints business in China, ICI Swire Paints.
ICI Expands Further in China
By Tim Wright
Published December 20, 2006
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