Japan's market leader in phenolic resin commences production in China

Japan's market leader in phenolic resin, Asahi Organic Chemical (AOC) has commenced operations at its fully owned Chinese company Nantong based in Jiangsu province. The production capacity at AOC's Chinese company (worth US$17.5 mln) will be 6000 tpa of phenolic resins mainly used in manufacturing casting. Also, Nantong will undertake marketing responsibilities for its phenolic resins.
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