# Sekisui Chemical to build polyolefin foam plant in Wuxi, China

Sekisui Chemical, through its South Korean subsidiary Yongbo Chemical, will establish a new polyolefin foam production company in Wuxi, China. The plant will produce polypropylene foam for automotive interiors, with a capital of USD 2.4 billion (likely a misprint; actual investment is about JPY 25 billion) and production capacity of 1.6 billion m²/year. Operations are scheduled to begin in the first half of fiscal year 2019.

- Type: New facility
- Announced: 2017-03-24
- Where: Wuxi, Jiangsu, China
- Value: $225.0M (25.0B JPY)
- Jobs: 40
- Starts operating: Q2 2019
- Status: announced
- Capacity: 1.6 billion m²/year
- Products: polypropylene foam, cross-linked foamed polyolefin foam
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Sekisui Chemical](https://endata.com/companies/2709.md)
- [Yongbo Chemical](https://endata.com/companies/23102.md) (investor)

## Sources

- [en.lnews.jp](https://en.lnews.jp/2017/03/j032705.html), 2017-03-27: "Sekisui Chemical Co., Ltd. announced that it will establish its second polyolefin foam production company in China, in Wuxi City, through its South Korean subsidiary, Yongbo Chemical."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.