This week in adhesives news, MCNS Polyurethanes, a joint venture between Korean SKC Co. and the Japanese company Mitsui Chemicals, has built a new facility in Chico in Monterrey, Mexico. The company hopes this new facility will help them to expand their business presence in Central and South America. The new site will manufacture customized polyurethane raw materials with an annual capacity of 20,000 tons, reportedly increasing MCNS’s annual output to 720,000 tons. The joint-venture has high ambitions, hoping to more than double the number of manufacturing facilities they hold by 2020. According to the article, Won Ki-don, co-chief executive stated that “the company aims to become a global polyurethane manufacturer generating 2 trillion won ($1.75 billion) or more in sales by 2020.”
More news from around the web:
1) Biodegradable Polymers and Stem Cells for Bioprinting
2) MBA Ploymers Producing Plastics from E-Waste
3) Fiber-Reinforced Polymers Find Increasing Applications in Bridges
4) Electrocromatic Polymers Enable Sharper Flat-Panel Displays at Lower Energy Costs
Are you interested in news stories on a particular topic? Send your suggestions to Morgan Laidlaw at laidlawm@bnpmedia.com.
