Kuraray Co. (Tokyo) announced that construction of a new plant for isoprene-related businesses has been completed and will soon start operations in stages, said the company.
The construction was undertaken by Bangkok-based subsidiaries Kuraray GC Advanced Materials Co., Ltdand Kuraray Advanced Chemicals (Thailand) Co., Ltd.
The new Thai plant will contribute to the continued growth of isoprene-related businesses by strengthening the global supply system and meeting rising global demand for the 3-Methyl-1.5-Pentanediol (MPD), SEPTON hydrogenated styrenic block copolymers (HSBC), and GENESTAR heat-resistant polyamide-9T (PA9T), which were developed using proprietary Kuraray technology.
The new facilities have been designed to produce 13,000 metric tons per year (m.t./yr) of PA9T, 16,000 m.t./yr of HSBC and 5,000 m.t./yr of MPD. The company invested around ?40 billion (USD310 million) in the project.
We remind, Kuraray Co Ltd has released its consolidated financial results for the 1Q FY 2022 of the fiscal year ending 31 Dec 2022 (1 Jan-31 Mar 2022). In the 1Q FY 2022 (1 Jan-31 Mar 2022), the world economy continued to recover as restrictions on economic activities were eased and more vaccinations were administered in countries around the world despite resurgences of COVID-19.
mrchub.com