MONTERREY, Mexico—Bostik S.A. has opened its new manufacturing facility in Monterrey, significantly increasing production for hot melt pressure sensitive adhesives in the region.
The added production will serve the disposable hygiene sector—primarily serving manufacturers of baby diapers, feminine hygiene and adult incontinence—according to a news release from Bostik's parent company, Arkema S.A. The firm did not disclose financial details.
“We are pleased to continue Bostik's expansion in Mexico with the opening of this new and highly modern facility,” Robert Marquette, Bostik senior vice president of Americas, said in a statement. “Development in high growth geographic markets is a central component of Bostik's strategy. This new facility will enable us to meet the growth demands of our strategic markets and ensure we preserve close ties with customers not only in Mexico, but across Central and South America.”
Arkema said Bostik employed a cross-regional approach in which manufacturing and engineering expertise from other hot melt pressure sensitive adhesives sites was used heavily in the planning phases. Marquette said the new facility improves the firm's technology offering in the region and sets the stage for continued growth in the market, adding that the facility will deliver significant benefits to supply chain efficiency and costs.
Bostik has been active in Mexico since 1963 and manufactures a range of adhesives and related products for the industrial manufacturing and construction markets. The firm recently opened plants in China, Malaysia, Brazil, India and the U.S.
Bostik is a global adhesives manufacturer with 4,800 employees in 50 countries with annual sales of about $1.63 billion.
Arkema purchased Bostik in 2014 and is active in three main sectors—high performance materials, industrial specialties and coating solutions. The firm employs about 19,200 with operations in nearly 50 countries. The firm reported annual sales of about $8.14 billion.