MOSCOW (MRC) -- Bostik, a leading global adhesive specialist for industrial manufacturing, construction and consumer markets, has taken another decisive step to boost its activities in fast-growing economies through the opening by its Brazilian subsidiary, Fortaleza, of a new powder plant in Queimados, 40 km from Rio de Janeiro, as per AZOBuild.
The new facility manufactures cementitious tile adhesive (CTA) products for both internal and outdoor use, and has an annual production capacity of 100,000 metric tons of powder. The high-grade products produced in this plant are in increasing demand from the Rio de Janeiro state construction industry, whose current dynamic growth has partly been fuelled by the FIFA World Cup and the upcoming 2016 Olympic Games.
In addition to its manufacturing activity, the Queimados site has a distribution centre covering the entire Rio de Janeiro State, and also incorporates a dedicated quality control laboratory. This is the third production facility operated by the Brazilian subsidiary, and its fourteenth distribution centre.
The Queimados plant represents a new milestone in the Bostik group's continued international expansion, especially in fast-developing geographic markets. The new factory comes in the wake of other plant inaugurations in Changshu, China, in April 2013, and in Johro Bahru, Malaysia, in September 2014. The company also recently opened the new Bostik Smart Technology Centre in Venette, France, which will serve as its third centre of excellence for R&D in adhesive materials.
As MRC wrote previously, on 2 February 2015, Arkema finalized the acquisition of Bostik, the world's No. 3 in adhesive. With this acquisition, the group reaches a new milestone in its development, and confirms its ambition to become a world leader in specialty chemicals and advanced materials. BostikпїЅs growth prospects and the complementarities identified between the two groups will sustain the success of this high value creating project.
Bostik develops high-performance and high-value-added bonding and sealing products for the nonwoven, industrial, construction, and consumer markets. Bostik employs about 4,900 people across 48 production facilities - 18 in Europe, 10 - in North America, 8 - in Asia, 6 - in Australia and New Zealand, 2 - in Africa, and 4 - in South America.
MRC