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Tosoh Corporation will construct a second chloroprene rubber production facility at its Nanyo Complex in Shunan City, Yamaguchi Prefecture, adding 22,000 metric tons per year. The investment is approximately ¥75 billion (USD 500 million), with construction starting in spring 2027 and operations expected by 2030.
“Tosoh Corporation, based in Tokyo, has revealed plans to expand its production capacity for Skyprene chloroprene rubber (CR) in response to growing global demand.”procurementresource.com
Summarized from public sources; check the original articles before acting on it.