ASK Chemicals Announces Plans to Build Mexican Production Facility
October 5, 2016
ASK Chemicals has approved the construction of a Mexican production facility in the Monterrey area that will produce binders, refractory coatings and riser sleeves for the growing Mexican metalcasting industry.
The facility will be strategically located in the Monterrey area after a thorough analysis of current and future foundry customers. The new plant will produce cold box and nobake binders, refractory based coatings, as well as ASK’s EXACTCAST riser sleeves. ASK’s plant will complement ASK Chemical's existing facilities in the United States, bringing ASK's portfolio of metalcasting solutions next door to the Mexican foundries. Further, ASK will co-locate development laboratories in order to bring ASK's longstanding record of innovation closer to the growing Mexican market.
ASK Chemicals has projected the facility to be completed in the fourth quarter of 2017 with production commencing immediately. ASK will install binder capacity exceeding 30,000 metric tons to fully meet all current and future growth of the Mexican market. ASK’s coatings plant will be installed to produce 10,000 metric tons. Given the strong growth of the Mexican casting market, ASK will install infrastructure for multiple riser sleeve machines with an initial capacity of more than 5,000,000 pieces.
“We are committed to the Mexican foundry industry and providing them an unmatched value proposition. We are extremely excited about our new facility and the benefits it will bring our valued customers,” said Luiz Totti, executive vice president, ASK. “The future of casting production in Mexico is surely bright, and ASK Chemicals is prepared and will be ready.”