Notes on Dynea

1. Dynea is a global provider of superior adhesion and surfacing solutions.Dynea's Prefere(tm) adhesive resins are used in a variety of applications by the panel board industry, laminated beam and structural wood manufacturers, the mineral and glass fibre industry, the paper impregnating industry, and many others.Dynea’s Ultim(tm) family of high quality paper overlays products are for both decorative and industrial uses.

    

2. Turnover in 2003 is at Euro 1.0 billion.

    

3. Has 60 production units in 26 countries in Europe, the Americas and Asia Pacific.

    

4. It employs some 3400 people

    

5. Annual production volume of panelboard resin is about 3.5 million mt.

    

6. Annual production of panelboard resin in Asia Pacific about 650,000mt and is growing rapidly.

    

7. In Asia Pacific region,Dynea produces adhesive resins in Australia, China, Indonesia, Malaysia, New Zealand, Pakistan, Singapore, Thailand and Vietnam.Dynea also has paper overlays production in Indonesia and is building additional capacity in China.Dynea’s R&D centers, serving primarily the region’s wood industries are located in New Zealand and Singapore. Current plants in Asia Pacific:
   • Singapore
   • Seremban,Malaysia
   • 2 plants in Thailand(Krabai and in future, Hatyai)
   • 2 plants in Indonesia(one in Sumatra and one in Java)
   • Vietnam
   • 2 plants in New Zealand
   • 3 plants in china(one in Guangdong,one in Beijing and one in Shanghai)
   • 1 plant in Australia (near Perth)
     
   • 1 plant in Pakistan

    

8. Dynea has three major panelboard R&D Centers globally
   • Krems,Austria (Europe)
   • Singapore (Asia Pacific)
   • Springfield , Oregon (America)

Evergreen has recently commissioned its new Glue plant (Dynea Krabai Co.,Ltd) at Hatyai site which is a joint venture between Dynea Group, Evergreen Group & its partner in Thailand (Panel Plus) particleboard.

Dynea Krabi Co.,Ltd

Consists of two manufacturing sites of 4 acres each. One at Krabi and one at Hatyai, with a combined glue capacity of 150,000mt per year and formalin producing capacity of 100,000mt per year.

Product Capacity:

• E2 UF and MUF resins for MDF and Particleboard
• E1 UF and MUF resins for MDF and Particleboard
• E0 UF and MUF resins for MDF and Particleboard
• Other resins for MDF and Particleboard, such as phenolic based resins
• Resins for all types of plywood(PF,MUF,UF)
• Paper impregnation resins
• Other formaldehyde- based resins

Total number of employee is about 56 with 20 in the Krabi site & 36 in Hatyai site. The Hatyai site has the capacity of producing both formalin & glue resin whereas the Krabi site has no formalin capacity & producing glue resin out of concentrated resin supply by the Hatyai plant. This plant is built adjacent to the Siam Fibreboard Co.,Ltd which is a subsidiary of the Evergreen Group. Glue is supplied to Siam Fibreboard through pipeline connection & Siam Fibreboard is now getting the whole of it glue supply through this plant.