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Asahi Chemical Industries, through its subsidiary Asahi Plastics Products (Kunshan), will invest 580 million yen to construct a third factory in Kunshan, Jiangsu, China. Construction runs from May 2022 to April 2023, with operations starting in May 2023, increasing capacity by 30%.
“Due to anticipated increases in orders from our clients, our current factory space and equipment are expected to be insufficient, and therefore we have decided to begin construction of a new factory.”en.lnews.jp
Summarized from public sources; check the original articles before acting on it.