# Sumitomo Bakelite to build new phenol resin molding materials plant in Nantong, China

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.

- Type: Expansion
- Announced: 2022-11-30
- Where: Nantong, Jiangsu Province, China
- Value: $25.0M (3.50B JPY)
- Starts operating: Q1 2024
- Status: announced
- Capacity: 25,000 t/year
- Products: phenol resin molding materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Sumitomo Bakelite](https://endata.com/companies/11098.md)
- [Nantong Sumitomo Bakelite Co., Ltd.](https://endata.com/companies/66953.md)

## Sources

- [sumibe.co.jp](https://www.sumibe.co.jp/topics/2022/hpp/1130_01/index.html), 2022-11-30: "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。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.