Cytec Industries Inc. announced plans for a new production unit to manufacture Radcure epoxy and urethane acrylates at the company’s Fengxian site production facility near Shanghai, China. The additional capacity should shorten the supply chain process and increase Cytec’s ability to respond to customer applications and technology needs in the region. Current plans are for the plant to come on stream during the first half of 2008.
In addition, Cytec is nearing completion of the expansion of its production facility for Radcure UV curing resins in North Augusta, GA. This expansion will significantly increase the capacity of monomer production in the Americas, complementing its current production in the U.S. The expansion is expected to gradually come on stream during 2007.
“Our expansions strengthen Cytec’s position as the leader in acrylated Radcure UV curing resins both globally and regionally,” said Philippe Goethals, global business director Radcure.
“The expansion in the Americas is in response to the growing market needs and shows our commitment to serving our customers in a cost efficient manner,” Mr. Goethals added. “The new unit in China is of strategic importance to respond to growing customer demand in China and in other countries, plus offer an increased portfolio of products produced in the Asia Pacific region. These two complementary projects further strengthen our global offering and allow our customers in each region to benefit from a broader product portfolio and better service.”