Packaging
Rohm and Haas Launches Polymer Emulsions Plant Near Moscow, Russia
Monday 24. November 2008 - Rohm and Haas (NYSE:ROH), the leading producer of specialty materials, today launched a new manufacturing facility in the Ramenskoye region of Moscow. The plant was developed from a greenfield site with close proximity to key customers and with excellent access to local and imported raw materials and all key utilities.
Manufacturing at the plant will be focused on additives for paint and coatings materials and adhesives. The plant has been designed with the capability to make a wider range of polymers for coatings and detergents at a later date.
The new plant will have an ultimate capacity of 70,000 metric tons upon completion of the final stage. The first stage is being launched now. The plant is the companys largest investment in Russia to date and will be wholly-owned by Rohm and Haas. It will create employment in the area for chemical engineers, operators and administrative personnel.
“This new stage in the Russian activities of Rohm and Haas is really important for the company,” said Cheryl Martin, Vice President and General Manager, Paint and Coatings Materials, for Europe, the Middle East and Africa. “We have been active in Russia for more than 30 years through our affiliates. This investment heralds a new commitment into what we consider to be one of our core growth markets. We are sure that in spite of the world economic crisis it is important we continue to make investments in markets with high potential such as Russia.”
Rohm and Haas is the world leader in environmentally advanced polymer emulsion technology. For more than 50 years, the company has successfully designed polymer materials that bring valuable characteristics to its customers products. The company makes a versatile range of emulsion binders and additives used to formulate interior and exterior wall paints that perform extremely well, can satisfy local cultural preferences for paint finishes, and work well in regional weather conditions. The company also offers acrylic adhesives that are used to make Structural Insulated Panels (SIPS) for building and construction, pressure sensitive adhesives, as well as packaging and label adhesives.
“This manufacturing site will enable us to deliver our technically advanced products faster to the local domestic Russian market and to the neighboring markets of Ukraine, Byelorussia, Kazakhstan, and the Baltic States. We are committed to bringing innovative products and tailor-made solutions to the marketplace,” commented Misha Shukov, Country Manager, Russia and FSU.
“We welcome new, modern, organizations whose activities involve the use of progressive technologies. The key regional development objectives, which will maintain our leading position, are: the sustained rate of growth, and a competent, considered and effective investment policy,” said the Head of Ramenskoye Municipal District, Vladimir Fedorovich Demin.