Rohm and Haas, producer of specialty materials, announced on Nov. 24 the opening of a new manufacturing facility in the Ramenskoye region of Moscow. The plant was developed from a greenfield site.
Manufacturing at the plant will be focused on additives for paint and coatings materials and adhesives. The plant has been designed with the capability to make a wider range of polymers for coatings and detergents at a later date.
The new plant will have an ultimate capacity of 70,000 metric tons upon completion of the final stage. The plant is the company's largest investment in Russia to date.
We have been active in Russia for more than 30 years through our affiliates. This investment heralds a new commitment into what we consider to be one of our core growth markets. We are sure that in spite of the world economic crisis it is important we continue to make investments in markets with high potential such as Russia, said Cheryl Martin, Vice President and General Manager, Paint and Coatings Materials, for Europe, the Middle East and Africa.
Misha Shukov, Country Manager, Russia and FSU said that the plant will serve markets including Ukraine, Byelorussia, Kazakhstan and the Baltic States.