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Sumitomo Bakelite Co., Ltd. will build a new factory within its Nantong Sumitomo Bakelite Co., Ltd. site in Nantong, China, to double phenol resin molding material production capacity to about 25,000 tons/year. Investment is approximately 3.5 billion yen, with operations expected to start in early 2024.
“今後、更に拡大が見込まれる中国市場に対応するため、現在の南通工場敷地内に新たに生産能力を約2倍(約25,000t/年)に拡大した工場を建設することを決定致しました。”sumibe.co.jp
Summarized from public sources; check the original articles before acting on it.