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Resolution Performance Products project at Illinois plant

23 August 2002

Resolution Performance Products is to go ahead with a $3.8 million project to expand waterborne epoxy resin capacity at its Argo Illinois plant.

""This investment will allow us to ensure an adequate supply of product for our customers while allowing us to optimise production between sites for future efficiencies,"" said Jeff Nodland, President and Chief Operating Officer of Resolution. ""In addition, this project is further evidence of our Board's confidence in our future and in our financial capacity to grow our specialty product lines.""

Waterborne epoxy resins are used in various coatings, fibre sizing and adhesives applications where improved performance and reduced volatile organic content emissions are important.