Borden Chemical Venture Opens New Production Facility in China
Asia Dekor Borden Chemical (Heyuan) Company Limited, a joint venture between affiliates of Borden Chemical, Inc. and China's Asia Dekor Group, has successfully completed the startup of a formaldehyde and resin production facility in Heyuan, China.
Borden Chemical is managing the formaldehyde and resin plant, which has the capacity to annually deliver 55,000 metric tons of advanced resins for the production of high and medium density fiberboard and particleboard. The major customer for the facility is Asia Dekor (Heyuan) Woods Company Limited, which operates an adjacent new facility that produces fiberboard.
The premium resins produced at the new plant enable the manufacture of wood panels that meet the stringent Super E0 standard for low emissions. The plant includes state-of-the-art controls and will be operated according to Borden Chemical's global environmental and safety standards.
More than six hundred guests attended the opening ceremonies for the facility and the adjacent Asia Dekor plant. Among the dignitaries attending were senior officials from the Guangdong Provincial and Heyuan City governments, as well as representatives of the Chinese Ministry of Forestry, Borden Chemical and Asia Dekor.
In April 2004, Borden Chemical announced the formation of two joint venture companies in China, as well as the opening of its local Representative Office in Shanghai. The Heyuan resin facility is the second manufacturing plant constructed and operating in China through those joint ventures. The other plant, located near Shanghai, manufactures UV-curable materials for fiber optics and other applications.
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