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Ashland shutters UPR and gelcoats plant in Canada

9:18 AM MST | March 5, 2014 | Vincent Valk

Ashland announced today that it is closing its unsaturated polyester resin (UPR) and gelcoats manufacturing plant at Kelowna, BC, effective 27 June. Six other sites in North America will produce UPR and gelcoats, Ashland says. The closure is due to the closure of some composites customers in the Pacific Northwest, the closure of a rail spur to Kelowna, and the economic downturn, the company says. Ashland “recently completed significant capital investments” at four of the six remaining plants that will manufacture UPR and gelcoats, the company says...

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