11.21.24
allnex, a global leader in sustainable and innovative resins for industrial coatings and beyond, announces a strategic investment in its East St. Louis operations to develop the site as the primary U.S. location for solventborne resin production.
This strategic investment builds upon previous advancements in safety, automation, and quality at the site. With this expansion, East St. Louis will be the central site for solvent borne resin production in the U.S., ensuring the company’s ability to support local and regional customers effectively.
As part of this strategy, all solvent borne reactor operations at the Louisville, Kentucky, facility will cease by the end of 2025. The Louisville site will continue to focus on Gelcoat blending and will serve as the main U.S. R&D center for Liquid Resins.
"Optimizing our operations and directing investments strategically allows allnex to better serve our customers and achieve sustainable growth both in the region and globally," said Jeff McManus, Senior Vice President, Americas.
Miguel Mantas, allnex CEO, commented, "The Americas is a core market for allnex, and we are fully committed to ensuring proximity and reliable supply for our customers through local production. After a thorough assessment, we concluded that focusing on a dedicated solvent borne site will enable us to uphold the highest standards of quality, safety, and operational efficiency.”
allnex is committed to the U.S. market and is aware of the impact on affected employees at our Louisville site. The consultations with staff and union representatives to support them during this transition will begin shortly. "We are committed to finding good solutions for our employees", says HR Director Americas, Steven Martin.
This strategic investment builds upon previous advancements in safety, automation, and quality at the site. With this expansion, East St. Louis will be the central site for solvent borne resin production in the U.S., ensuring the company’s ability to support local and regional customers effectively.
As part of this strategy, all solvent borne reactor operations at the Louisville, Kentucky, facility will cease by the end of 2025. The Louisville site will continue to focus on Gelcoat blending and will serve as the main U.S. R&D center for Liquid Resins.
"Optimizing our operations and directing investments strategically allows allnex to better serve our customers and achieve sustainable growth both in the region and globally," said Jeff McManus, Senior Vice President, Americas.
Miguel Mantas, allnex CEO, commented, "The Americas is a core market for allnex, and we are fully committed to ensuring proximity and reliable supply for our customers through local production. After a thorough assessment, we concluded that focusing on a dedicated solvent borne site will enable us to uphold the highest standards of quality, safety, and operational efficiency.”
allnex is committed to the U.S. market and is aware of the impact on affected employees at our Louisville site. The consultations with staff and union representatives to support them during this transition will begin shortly. "We are committed to finding good solutions for our employees", says HR Director Americas, Steven Martin.
