"While change is always challenging," Kile commented, "it is vital to our company's long-term interests to anticipate trends in the marketplace and to adjust to accommodate those trends. Market demand for specific alkyds and polyester resins has been reduced due to competitive technologies - that is, powder and UV cure."
CCP will subsequently consolidate its manufacturing position for alkyd and polyester Coatings Resins. Those products currently made at Pennsauken will be reassigned to other CCP resin plants located in Houston; Grand Rapids, Mich.; Saukville, Wis.; Oxnard, Calif.; and Monterey, Mexico. Customers with specific product questions should contact their CCP account managers.