Investment in Bethune Supports Growing Market Opportunities in the Region
SCHENECTADY, N.Y. – March 23, 2021 – SI Group, a global leader in the innovative technology of performance additives, process solutions, active pharmaceutical ingredients, and chemical intermediates, announced today the decision to double tackifier resin capacity at its Bethune, France manufacturing site. The expansion will propel the site to become a regional hub for best-in-class tackifier and reinforcing resin production and technology.
The investment, slated for completion later this year, addresses an increasing demand for Novolac tackifiers in one of our core regions. “We have taken the decision to further grow capacity as another step forward in reinventing our business model,” stated Robert Kaiser, Vice President, Rubber & Adhesives Solutions at SI Group, adding “This expansion will not only benefit the region’s supply, but will provide superior solutions at the highest reliability of supply to all our customers globally.”
SI Group has a long history of manufacturing tackifier resins used to enhance the performance and durability of tires. In addition to tackifier resins, the company also has a robust portfolio of antidegradants, bonding, curing, and reinforcing resins, manufactured globally. This expansion follows the company’s announcement in September 2020 to also expand resin capacity in Nanjing, China.
About SI Group
SI Group is a global leader in the innovative technology of performance additives, process solutions, active pharmaceutical ingredients, and chemical intermediates. SI Group solutions are essential to enhancing the quality and performance of countless industrial and consumer goods within the plastics, rubber & adhesives, fuels & lubricants, oilfield, pharmaceutical, and industrial resins industries. Headquartered in Schenectady, New York, SI Group’s global manufacturing footprint includes more than 30 facilities on five continents, serving customers in 90 countries with approximately $2 billion in annual sales and more than 3,000 employees worldwide. SI Group innovates and drives change to create value with a passion for safety, chemistry, and extraordinary results. Learn more at www.siigroup.com.