PR85488

SCHENECTADY, New York, Sept. 9, 2020 /PRNewswire=KYODO JBN/ --

  -- Investment in Nanjing Supports Growing Market Opportunities in the Region

SI Group, a global leader in the innovative technology of performance

additives, process solutions, active pharmaceutical ingredients, and chemical

intermediates, announced today plans to expand capacity levels at its Nanjing,

China facility. The expansion will increase production by more than 50%,

propelling the site to become a regional hub for best-in-class tackifier and

reinforcing resin production and technology.

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SI Group's Nanjing investment is in lock-step with the desire to reinvent its

business model, addressing the emerging trends in the tire industry. "We have

taken the appropriate steps necessary to grow our capacity in this key regional

growth area," stated Robert Kaiser, Vice President, Rubber & Adhesives

Solutions at SI Group, adding, "This expansion allows us to differentiate our

offerings and position in the market, providing superior solutions to our customers."

SI Group's expansion in Nanjing will also address energy conservation

initiatives and sustainability efforts in compliance within a highly-regulated

Chinese chemical industry.

SI Group has a long history of manufacturing tackifier resins used to enhance

the performance and durability of tires. In addition to tackifier resins, the

company also has a robust portfolio of bonding, curing, and reinforcing resins,

manufactured globally. The company is currently undergoing a thorough

environmental and safety permit review for the Nanjing expansion, in accordance

with all local Chinese government regulations.

About SI Group

SI Group is a global leader in the innovative technology of performance

additives, process solutions, active pharmaceutical ingredients, and chemical

intermediates. SI Group solutions are essential to enhancing the quality and

performance of countless industrial and consumer goods within the plastics,

rubber & adhesives, fuels & lubricants, oilfield, pharmaceutical, and

industrial resins industries. Headquartered in Schenectady, New York, SI

Group's global manufacturing footprint includes more than 30 facilities on five

continents, serving customers in 90 countries with approximately $2 billion in

annual sales and more than 3,000 employees worldwide. SI Group innovates and

drives change to create value with a passion for safety, chemistry, and

extraordinary results. Learn more at www.siigroup.com.

Media Contact:

Joseph Grande

ph: +1.413.684.2463

joe@jgrandecommunications.com

SOURCE: SI Group, Inc.