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Shin-Etsu Chemical to invest ¥110 billion in silicones business capacity expansion · Endata

◂ Announcements

Specialty Chemicalsworld trade 2024+2.3% 5Y CAGR

Sep 3, 2018INVESTMENTJapan and Thailand (monomer); Japan and six overseas countries (end products), Japan

Shin-Etsu Chemical to invest ¥110 billion in silicones business capacity expansion

Shin-Etsu Chemical will invest approximately ¥110 billion to expand production capacity for silicone monomer and end products at existing bases in Japan, Thailand, and six other countries. The investment will be implemented in stages over about 2.5 years.

Value

$990.0M (110.0B JPY)

Status

Announced

Productssilicone monomersilicone fluidssilicone resinssilicone rubber

CompaniesShin-Etsu Chemical

Sectors#Specialty Chemicals

“Shin-Etsu Chemical Co., Ltd. will implement close to ¥110 billion in facility investments for its silicones business, one of its main businesses.”shinetsu.co.jp

2 sources
shinetsu.co.jpShin-Etsu Chemical to make ¥110 billion facility investment in its silicones business | News | Shin-Etsu Chemical Co., Ltd.evSep 3, 2018
ismr.netSilicones in the spotlight | ISMRSep 20, 2018

Summarized from public sources; check the original articles before acting on it.

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