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Kaneka invests ¥5B to expand MS Polymer capacity in Belgium · Endata

◂ Announcements

Specialty Chemicalsworld trade 2024+2.3% 5Y CAGR

Aug 17, 2022EXPANSIONWesterlo, Belgium

Kaneka invests ¥5B to expand MS Polymer capacity in Belgium

Kaneka Corporation announced a ¥5 billion investment to add a fourth production line for Kaneka MS Polymer at its plant in Westerlo, Belgium, increasing capacity by 10,000 tons annually to a total of 43,000 tons. The new line is scheduled for June 2024.

Value

$37.0M (5.00B JPY)

Starts operating

Jun 2024

Status

Announced

Capacity

10,000 tons annually (additional), total 43,000 tons annually

ProductsKaneka MS Polymer (silane terminated polymers)

CompaniesKaneka

Sectors#Specialty Chemicals

“The approximate 5 billion Yen investment in a fourth state-of-the-art production line supports a sustainable integrated, innovative Kaneka MS Polymer™ operation scheduled for June 2024.”kaneka.be

2 sources
kaneka.beKaneka Corporation announces Kaneka MS Polymer™ investment in Europe to meet growing demand | KanekaAug 17, 2022
doi.orgBusiness RoundupSep 2, 2022

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

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