NEW YORK (May 25, 1:15 p.m. ET) — Wuxi Honghui New Material Technology Co. Ltd. has appointed Alac International Inc. of New York as its exclusive distributor in the United States for solution vinyl resins.
Through marketing with Alac, Wuxi Honghui's materials have been approved in a wide range of applications in the past three years, Alac said in a news release. The solution vinyls also have approvals in Europe and Asia.
Solution vinyl resins are produced by a different polymerization process than PVC dispersion resins used in most plastisol applications. The resins cover a range of copolymer and terpolymer formulations and are used in organisol solvent-based usage in metal coatings, inks and adhesives.
Alac said Chinese firm, based in Wuxi, Jiangsu province, is expanding production at a new facility near its current plant and expects the new capacity will be on line in the second half of 2012. The $30 million project will boost combined capacity to 220 milllion pounds per year.
Alac is a chemicals and plastics distributor. It imports PVC resin, plasticizers, azo blowing agents, epoxy resins and related materials. It has a bulk terminal in Bayonne, N.J., and distribution centers throughout the United States.
