DSM expands in China: new facility for Composite Resins
Royal DSM N.V announced the expansion of sizing production capacity in China for Composite resins. DSM Composite Resins AG will build a Sizing plant on the existing DSM production site Xinghuo in Shanghai. DSM plans to start up the new facility in the second half of 2006. Capital budget is estimated at around 8 million USD.
With this investment, the sizings capacity of DSM will be expanded by 50%. The new plant will primarily serve the Chinese market, but will also serve the rest of Asia. Sizings (polymer-based emulsions) are specialty products and add great value to glass fiber that is used for plastic reinforcement, both in thermoplastic - and thermoset applications.
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