Dynea inaugurates resin plant in Guangdong

12-Dec-2003

Dynea has inaugurated its newest production plant in Gaoyao City, Guangdong Province, in southern China. The unit produces adhesive resins for the woodworking industry and other industrial applications in China. Finland's Minister of Trade and Industry, Mr. Mauri Pekkarinen, Secretary Director of the Committee of China Communist Party Gaoyao City, Mr. Long Qi Jiang, Mayor of Gaoyao City, Mr. Liu Zheng Nan, and Dynea President and CEO, Mr. Øivind Isaksen, were among the dignitaries inaugurating the plant on November 28th.

The new plant is fully automated, and applies the most up-to-date international panelboard standards in its production. At the same time, the plant reflects Dynea's global best practice experience in the areas of health and safety. It supplies southern China's markets with high quality resins for plywood, particle-, MDF- and OSB boards, as well as for laminated beams, mineral- and glass-wool, abrasive and foundry manufacturing industries. Dynea (Guangdong) Co. Ltd. has a yearly production capacity of 60,000 tonnes of resins.

Dynea continues to invest in the plant and a phenolic impregnation line will start production in 2004. The new impregnation line will have an annual capacity of 35 million square meters of technical overlays films, including high quality surface films for the quickly growing Chinese concrete shuttering board market.

Commitment to serve the Chinese market

For Dynea, China is a strategic market for growth. The new resins plant together with the new overlays line is another confirmation of Dynea's commitment to serve this market with superior adhesion and surfacing solutions.

Since 1999, Dynea has been serving the Chinese market with panelboard adhesives, impregnating resins and wood glues from its Beijing plant. In November 2002, Dynea Shanghai Co Ltd's Manufacture and Service Base was inaugurated to serve the Chinese wood-working industry and other industrial applications with water-based adhesives.

Dynea's three plants and 12 sales offices employ some 130 persons in China.

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