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August 7, 2013
Ashland opens gelcoats facility in China
Ashland Inc. (Covington, Ken.; www.ashland.com
) has opened its new gelcoats production facility in the Chemical Industry Park of Changzhou Yangtze Riverside Economic Development Zone. This $60 million dollar facility, which is Ashland’s most advanced gelcoats plant in the world, serves customers in marine, sanitary ware, transportation, wind energy and industrial markets in China and the broader Asia Pacific region. The plant currently employs 30 people and is located in Changzhou where Ashland also operates an unsaturated polyester resins and epoxy vinyl ester resins production facility that has been manufacturing products in the region for more than 10 years. With an initial capacity of 10,000 metric tons per year (m.t./yr) of gelcoats and 2,000 m.t./yr of adhesives products, the facility is designed for further expansion to meet increasing market demand across Asia.