Infineum to build additive plant in China

Infineum said it had signed a letter of intent with Zhangjiagang Industrial Park in Jiangsu Province, as the first step in the process of building a new additive manufacturing complex in China. The investment will be subject to approval by the company’s board of directors. “We foresee that our manufacturing planned at Zhangjiagang will become one of our largest worldwide operations over the coming decade or so,” said Trevor Russell, vice president for Sales and Marketing and chief strategy officer for Infineum. The first phase of the investment will be focused on blending capability, allowing Infineum to meet the needs of local customers in a flexible and timely manner, with future component plant investments foreseen, aligned with market growth. Coupled with the recent announcement of the salicylate plant investment in Singapore, this facility reinforces the long-standing commitment to the Asia Pacific region for Infineum, he said. Infineum also announced that Fu Limin, a senior executive from Shanghai with more than 20 years of experience in the international chemicals industry, has joined the Infineum executive team as managing director China and venture manager for the project. (May 4, 2012)