Vencorex to Expand Tolonate HDI Derivatives Capacity by Building Production Unit in Thailand

As a key supplier of isocyanates, Vencorex is expanding its global capacity for Tolonate HDI derivatives by establishing a new production unit in Thailand. The new plant will be ready to serve the Asian market in 2015.

"We want to strengthen our global position, and our presence in Asia will be a significant stepping stone, among others" says CEO Magnus Lanner. "This new asset in Asia, with an annual capacity of 12,000 tons per year and our own state-of-the-art technology, will serve this expansion, helping the industry in Asia to provide very high quality offerings and technology. Thailand is a strategic location and will provide Vencorex with a competitive advantage in the region."

"Asia is fast growing and this new capacity will allow us to effectively participate in this rapidly expanding market. We will improve our level of service through these dedicated resources within the region. The new plant in Thailand will provide us with an industrial footprint for HDI and derivatives: in addition the markets served by Pont-de-Claix in France and Freeport in the USA", says Sutin Chamulitrat, Vice President, Marketing & Sales. With this investment in Aliphatic Isocyanates derivatives production in Asia, Vencorex will have global facilities on 3 continents. Vencorex has strong ambition to be your core partner as a solution provider in this business.

About Vencorex

Vencorex is the owner of key technologies and a major manufacturer of aromatic (TDI) and aliphatic isocyanates, (HDI, IPDI) and their derivatives, for the polyurethane markets. Relying on a worldwide commercial representation, Vencorex has manufacturing and lab units in France and USA. V encorex is supported by PTT Global Chemical, Asia’s leading integrated petr ochemical company and the Perstorp Group, a world leader in specialty chemicals market.

Source: Vencorex