The new PO/TBA plant will reportedly have a split facility design.

The new production line intends to help to meet the strong demand in Asia.

Based on tall oil rosin chemistry, this bio-based product is light colored and reportedly maintains its adhesive quality after extended heating.

It was the first gain in five months.

The Middle East is reportedly the second-largest region in terms of capacity additions.

The two-stage expansion of the plant at the German site in Krefeld-Uerdingen is scheduled for completion by the end of the year.

Construction is scheduled to complete by the first quarter of 2020.

Mike Clark has been appointed to the position of president and will oversee implementation of the strategy.

The product reportedly provides high gloss, low initial color and excellent yellowing-in-the-dark performance.

Production is based at its Pasadena, Texas, site.