Shin-Etsu Chemical will invest the hefty amount to expand its facilities in order to strengthen its silicones business in view of growing demand. The facility investments will be implemented at its main plant, the Gunma Complex in Gunma Prefecture, as well as the Takefu Plant in Fukui Prefecture and the Naoetsu Plant in Niigata Prefecture, Japan. The firm intends to complete these capacity-expansion projects and begin operations by 2025.
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