Jihong Rohm venture to make additives in China

Rohm and Haas Co. and Weihai Jinhong Polymer Co. Ltd. have formed a joint venture to make plastics additives in China.

U.S.-based Rohm and Haas will own 51 percent of the Jinhong Rohm and Haas Chemicals Co. Ltd. venture, which will use Jinhong’s plant in Weihai, with Rohm and Haas kicking in cash to improve manufacturing operations, the companies said in a December 14 announcement.

The plant will make additives for the building and construction and PVC packaging markets in China, and allow Rohm and Haas to be more responsive to local market requirements, said Joan Schuller, Asia-Pacific region general manager for plastics additives.

The joint venture is expected to be operational in the first quarter of 2007, pending Chinese government approval.

Philadelphia-based Rohm and Haas said it wants to double its plastics additive sales in China by 2010, and claims that the venture will make it the first multinational plastics additive maker to have a “significant” manufacturing footprint in China.

The plant will make methacrylate butadiene styrene, acrylic impact modifiers and acrylic processing aids.

Weihai Jinhong specializes in PVC additives, and has capacity for 15,000 metric tons a year of chlorinated polyethylene and 20,000 metric tons of AIM, MBS and other acrylic aids.




Sam Xu
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