23-24 Jan, 2018 - Bangkok, THAILAND
Mövenpick Hotel Sukhumvit 15 Bangkok
Mövenpick Hotel Sukhumvit 15 Bangkok
Adhesives and sealants manufacturer tremco illbruck will be expanding into new markets in Asia. It is investing in a new production factory in Uiwang, south of Seoul.
South Korea’s construction sector is robust and one of the most largest and stable markets in Asia. The country is expected to continue to invest in public infrastructure projects. Moreover, the upcoming 2018 Winter Olympics in South Korea is expected to drive the construction market further. tremco illbruck wants to capture this demand and also the property sector that is contributing to a positive construction market in the country.
tremco illbruck has already signed an agreement with the Korean construction chemicals manufacturer Nurichem Co.
tremco illbruck will gain control over land, buildings, production of Nurichem – that is a specialist in sealants and adhesives as well as waterproofing solutions for the construction industry.
tremco illbruck expects to gain foothold in Asia with this expansion that ensures its access to right products, local partners and qualification within the region.
It is expected that Nurichem will continue to operate in partnership with tremco illbruck and will also successfully market the well-known tremco illbruck product brand in Korea alongside its own product portfolio.
CMT’s Asia Adhesives and Sealants Markets will highlight the prospects of adhesives and sealants in Asia on 23-24 January 2018 in Bangkok.
Contact Ms. Grace at grace@cmtsp.com.sg or call +65 6346 9147 for more information.
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