Shin-Etsu Chemical Co., Ltd. implement close to ¥110 billion in facility investments for its silicones business, one of its main businesses. It will expand its production capacity of silicone monomer, the intermediate product of silicones, and various types of silicone fluids, resins and rubber end products at the company’s main bases in Japan and globally.
These facility investments will be implemented in stages over about a period of two-and-a-half years, and the expansion of the production capacity of both silicone monomer and silicone end products will proceed in parallel.
The breakdown of investment amounts is expected to be about ¥50 billion for the expansion of production capacity of intermediate products such as monomers, about ¥50 billion for the expansion of production capacity of end products and about ¥10 billion for the expansion of other secondary facilities such as infrastructure and shipping.
The expansion of capacity for silicone monomer will be done at the copmany’s existing bases in Japan and Thailand. In addition to Japan, the capacity expansion for Shin-Etsu’s group of end products will be carried out at existing bases in six overseas countries.
By Mary Page Bailey
Source: Chemical Engineering
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