Rohm And Haas Announces Construction Of A New Polymer Emulsions Plant In Moscow Region, Russia

Philadelphia, PA - Rohm and Haas, one of the leading producer of specialty materials, recently announced plans to build a new manufacturing facility in the Moscow region. The proposed plant will produce polymer emulsions for a number of markets including paint and coatings materials, and adhesives.

The plant is a greenfield facility with close proximity to key customers and with excellent access to local and imported raw materials and all key utilities. Construction at the site will begin in the first half of 2008 with completion planned for early 2009.

The new plant will have an initial capacity of 50,000 metric tons, with a planned expansion to 70,000 metric tons to meet rapidly growing demand for polymer emulsions.

The plant is the company's 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.

"Rohm and Haas is delighted to make this bold step in the Russian market," said Raj L. Gupta, chairman, president and chief executive officer. "We have been active in Russia for more than 30 years through our affiliates. We provide solutions for the paint, construction, packaging, water treatment and industrial processes industries. This investment heralds a new commitment by Rohm and Haas into what we consider to be one of our core growth markets."

SUURCE: Rohm and Haas Company