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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.
| Site | Largest | Latest |
|---|---|---|
| Nantong, China | $25.0M | 2022-11-30 |