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Home  > Markets & companies  > Raw materials market  > Vencorex strengthens its position in Asia

Wednesday, 18 September 2019
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Markets & companies, Raw materials market

Vencorex strengthens its position in Asia

Friday, 5 December 2014

Vencorex confirms rapid expansion of its presence in Asia by adding new production capacity, along with enlarging sales and market development team.

Vencorex is establishing a new production unit for HDI derivatives with an annual capacity of 12,000 tons. Source: Gordon Bussiek/Fotolia

Vencorex is establishing a new production unit for HDI derivatives with an annual capacity of 12,000 tons. Source: Gordon Bussiek/Fotolia

As announced in November 2013, Vencorex is expanding its global capacity for "Tolonate" HDI derivatives by establishing a new production unit in Thailand. This new plant in Asia, with an annual capacity of 12,000 tons per year, will adopt Vencorex’s proprietary state-of-the-art technology that has proven its track record of being a high quality trimers and biurets producer.

Ready to start in the second half of 2015

Thailand is a strategic location and will provide the company a competitive advantage to participate in Asia’s polyurethane industries. The new plant will be ready to serve the Asian market in the second half of 2015. Sales and technical teams are in place, ready to accelerate the growth in Asian market. Vencorex opened in 2013 and 2014 sales offices in Bangkok, Thailand and Shanghai, China in order to be able to meet the customers’ needs.

"We want to strengthen our global position, and our enhanced presence in Asia will be a significant step forward. The new facility will allow us to stay near where the growth is and we wish to be a significant partner in developing the end-uses technology here in Asia”, says Sutin Chamulitrat, Vice President, Marketing & Sales.

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