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Momentive Specialty Chemicals Inc. Opens New VeoVa™ Monomer Plant in Sanwei, China| Subj: Press-releses Momentive Specialty Chemicals, Inc., the world’s leading global supplier of Versatic™ acid and derivatives for the coatings and adhesives industries, announced today that it has started production at its VeoVa™ vinyl ester monomer plant in Shanxi province, China. This plant, a production joint venture with Shanxi Sanwei Group Co., Ltd., provides a second manufacturing location for VeoVa monomer, increasing current monomer capacity by about 30%, and easing supply constraints for growing global demand. Commercial quantities of VeoVa monomer will become available for shipment in the third quarter. A ribbon cutting ceremony for the new plant is scheduled in June. VeoVa monomer is a vinyl ester of Versatic acid which is easily copolymerisable with vinyl acetate, ethylene, and acrylates to provide a variety of functional benefits to water-based decorative paints, wood stains and coatings, adhesives and redispersible powders for construction applications. “The new plant is a major investment in the future of water-based coatings and the unique properties of VeoVa monomer,” says Jorrit Klaus, Vice President, Versatics, Momentive Specialty Chemicals. “Because of its unique, bulky alphatic structure, VeoVa monomer provides polymers with superior water, chemical and UV resistance in addition to improving adhesion on a variety of substrates. By improving the performance of water-based coatings in demanding applications, VeoVa monomer enables manufacturers to switch from solventborne systems to more environmentally suitable, low VOC formulations.” Source: Momentive Previous news |
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