TIANJIN, CHINA (Jan. 10, 3:30 p.m. ET) — Reichhold Industries Inc. opened its new manufacturing facility in Tianjin in northern China in December 2011, setting a foothold in the rapidly growing market.
The facility currently has a planned annual production capacity of 38,000 metric tons, with a potential expansion to 60,000 metric tons.
It will produce a full Reichhold composites product line, including unsaturated polyester resins, vinyl ester resins, gelcoats and bonding pastes. The market applications include wind power, high performance anti-corrosion, marine, high speed train, industrial construction, electronics and electrical industry.
John Gaither, chairman, president and CEO, said China is the largest composites market in the world and is deeply committed to wind energy.