(JCN Network) -- Mitsubishi Chemical Corporation will expand a PVC compound production facility in Thailand, responding to growing demand, mainly for automobiles. Mitsubishi Chemical supplies PVC compounds for automobile interior and exterior parts and for electric cable & wire to Thailand and neighboring countries, through its subsidiary, Sunprene (Thailand) Co., Ltd.
Demand for automobiles in Thailand and neighboring countries has continued to increase in recent years, and is expected to increase further in the future. In response to this growing demand, Mitsubishi Chemical will expand the PVC compound production facility at the Amata Nakorn Plant of Sunprene (Thailand).
The performance polymers business, including PVC compounds, is positioned as a "growth business" in the Mitsubishi Chemical Holdings Group medium-term management plan, APTSIS 15, and Mitsubishi Chemical will continue to promote global business expansion in this field.