Shin-Etsu Chemical to double rare earth magnet capacity in Vietnam

Shin-Etsu Chemical will double production capacity of rare earth magnets at its SMMV subsidiary in Hai Phong, Vietnam, from 1,100 to 2,200 tons/year, with an investment of ¥5 billion. Construction is scheduled for completion by mid-2018.

“Shin-Etsu Chemical will double the production capacity of Shin-Etsu Magnetic Materials Vietnam Co., Ltd. (SMMV), its Group company located in Vietnam’s Hai Phong Province that manufactures rare earth magnets.”shinetsu.co.jp

• 1 source
• shinetsu.co.jpShin-Etsu Chemical to double its production capacity of rare earth magnets in Vietnam | News Release | News | Shin-Etsu Chemical Co., Ltd.evJun 22, 2017

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