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ROHM AND HAAS TO BUILD A NEW MANUFACTURING PLANT IN MEXICO
Rohm and Haas Company plans to invest approximately $19MM (US) to build a manufacturing facility in Querétaro, Mexico for the production of emulsion polymers and poly-acrylates, used in several markets including the construction, textiles, adhesives, sealants, industrial, household and personal care. Plant construction is planned to begin before year-end. The Company anticipates the multi-purpose plant will be commissioned in early 2008. As a result of this plan, Rohm and Haas manufacturing operations in Apizaco, Tlaxcala will be transferred to the new plant. “Rohm and Haas employees and the city of Apizaco have been an important part in the development of Rohm and Haas in its 46 years in this city and the Company is deeply appreciative of these efforts,” Carlos Festa, VP and Director for the Latin-American Region said. “Latin America has played a critical role in Rohm and Haas Company's position as a global specialty materials manufacturer. Our investment at the Querétaro plant will help to strengthen our presence and will help us to consolidate geographic and technology opportunities in the region.” Rohm and Haas has built a strong presence in the Latin America Region with offices and operations in Argentina, Brazil, Chile, Colombia, and Mexico.
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