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Silicone Production Investments into Silicone Production and R&D Systems
Shin-Etsu Chemical plans to expand its silicones business by increasing production capacities in its Thailand plant; and by establishing a new technical centre in the USA
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(Source: Shin-Etsu Silicones)
Tokyo/Japan — Shin-Etsu Chemical plans to greatly expand and strengthen the production capacity of its manufacturing plants in Thailand. The aim is to expand its silicones business, one of the company’s main business pillars. At the same time, Shin-Etsu decided to establish a new technical centre in the State of New Jersey in the United States.
With the implementation of this new expansion plan, Shin-Etsu Chemical will increase the silicone monomer plant’s production capacity by 50% – from the present annual production of 70,000 ton to 105,000 tons. At the same time, Shin-Etsu will increase its silicone polymer production capacity by about 40% – from 54,000 tons to 74,000 tons. Construction of this expansion project is scheduled to be completed in 2017, and the investment amount is estimated to be about ¥20 billion.
In the USA Shin-Etsu Chemical produces silicone polymer at plants in Texas and Ohio. Now, in addition to these production bases, Shin-Etsu plans a new technical centre in the State of New Jersey. The aim of establishing a new technical centre in the USA is to help the company speedily meet the demand for silicone products coming from U.S. customers and work on the development of new products and applications.
Silicone is a highly functional material and is used in wide range of application fields in such industries as electric, electronics, automobile, housing, and cosmetics and toiletries. Over the last years Shin-Etsu Chemical silicones business has reached a market share of over 50% in Japan. Globally, Shin-Etsu has been carrying out the expansion of its silicones business by setting up production bases in Asia, the United States and Europe.
(ID:43266758)
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