Rohm and Haas (ROH) and Weihai Jinhong Polymer have begun formal operation of a joint venture company, Jinhong Rohm and Haas Chemical Company (JinHaas), following the announcement of the agreement in December 2006.
JinHaas will produce methacrylate butadiene styrene (MBS), acrylic impact modifiers (AIMs), and acrylic processing aids for distribution in China, as well as in other emerging markets.
The grand opening ceremony of JinHaas was successfully held in Weihai today, with more than 250 government officials, important customers and business representatives present.
With this joint venture, Rohm and Haas will become the first multinational company with a significant footprint of plastics additive manufacturing in China. The local manufacturing facility is a significant addition to the current Asia-Pacific manufacturing and supply network of Rohm and Haas overall.
Headquartered in Weihai, Shandong Province, Rohm and Haas holds 51 per cent of the
JinHaas company shares. The new company was created to deliver a complete range of
High-performance plastics additives to the building and construction and the PVC
packaging segments of the Chinese market.
