Arkema expands Bostik polymer modified binder capacity in Philippines

This new facility represents the latest development in Bostik's international expansion following recent plant openings in Mexico, the US, India, Brazil and Malaysia

Bostik's Philippines plant
Bostik’s Philippines plant
BS B2B Bureau Philippines
Last Updated : Apr 20 2016 | 5:02 PM IST
Bostik, the specialty adhesives business line of Arkema, has expanded its cementitious powder production capacities, based on its world-class polymer modified binder (PMB) technology, with the start of a new plant in the Philippines. As a global adhesive specialist for construction, consumer and industrial markets, Bostik will be able to serve construction customers in the high growth Mindanao and Visayas regions with a new manufacturing plant in Misamis Oriental.
 
This facility is the Bostik’s latest plant opening in South East Asia and will manufacture products including tile adhesives, wall finishing products and other construction systems.
 
These productions are based on Bostik’s polymer modified binder (PMB) technology which remains a focus of its ongoing innovation, research and development activities.
 
Jeffrey Merkt, senior vice president of Asia, Bostik, said, “We are pleased to continue Bostik’s expansion in the Philippines with the opening of this new plant. Development in high growth geographic regions is one of the central components of our growth strategy and this new facility will enable us to significantly grow our construction business in this important market.”
 
Bostik has been active in the Philippines since 2005. This new facility represents the latest development in its international expansion following recent plant openings in Mexico, the US, India, Brazil and Malaysia.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 20 2016 | 4:59 PM IST

Next Story