Sinochem building first additives plant outside China

Chinese fine chemicals manufacturer Sinochem International Corp, the international arm of Beijing-based Sinochem Group, is building its first overseas polymer additives production facility in Thailand, according to reports in the domestic and international press. The company is investing about Yuan 290 million (c. US$41 million) in the plant, which will produce rubber antioxidants. The facility is already under construction, with a simplified, official ground-breaking ceremony taking place in early March in compliance with Thai and Chinese coronavirus restrictions.