SI Group has announced that it will invest USD 30 million to build an additional phenolic resin manufacturing site in the Nanjing Chemical Industry Park, NCIP. The new site will have an initial capacity of 30,000mt/yr and the potential for expansion to reach 70,000mt/yr. The facility is set to commence operation in May 2013, and will produce phenolic resins in lump, pastille, liquid, and powder forms to serve the rubber, abrasive, friction, impregnation, and refractory markets.
This particular location was selected taking into account SI Group customer needs and business processes. Nanjing Chemical Industry Park provides world class infrastructure, a skilled workforce, outstanding logistics and access to raw materials. Recently the company announced the opening of a state of the art modern rubber and industrial phenolic resin application laboratory at its Songjiang plant. The overall investments in this modern lab total an approximate USD 1.5 million.
This particular location was selected taking into account SI Group customer needs and business processes. Nanjing Chemical Industry Park provides world class infrastructure, a skilled workforce, outstanding logistics and access to raw materials. Recently the company announced the opening of a state of the art modern rubber and industrial phenolic resin application laboratory at its Songjiang plant. The overall investments in this modern lab total an approximate USD 1.5 million.
