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Teijin Chemical Expands Production in China
According to the latest report from the Japanese media, Teijin Chemical Co., Ltd. is planning to sit on the Asian polycarbonate (PC) leading position by expanding production in China. Teijin Chemical has identified China as a strategic market for the development of PCs and has already implemented a project with a PC capacity of 100,000 tons/year in Jiaxing, Zhejiang Province. The total investment of Zhejiang project is 24 billion yen, which is completed in two phases. The first phase of the 50,000-ton/year PC plant is under construction and is scheduled to start production in April next year. Teijin Chemical did not set up a plant in China for a long time. In the summer of 2003, Teijin Chemical Corporation built its first PC/ABS blender plant operating in China on the outskirts of Shanghai, with an annual production capacity of 18,000 tons/year. Mainly used for the production of personal computers and printers shell. It is said that this set of devices has begun to obtain economic benefits in February of this year. In order to enhance its position in the Chinese polycarbonate market, Teijin Chemical has planned to expand its PC complex production capacity at the Shanghai Operations Center. According to plan, the company will invest 1 billion yen (about 910 million US dollars), in January 2005 began construction of 20,000 tons / year PC / ABS blends, scheduled for completion in October 2005 put into operation. After the new plant is put into production, the company's total capacity for PC/ABS blends in Shanghai will increase to 38,000 tons/year. The PC/ABS blend produced by the new plant is mainly used for the production of PC/ABS alloys for office automation equipment and electronic devices. It is also intended to use this blend to produce special alloy materials. In order to promote its products, the company plans to establish a technical service center to meet the needs of the Chinese market. The company plans to increase PC sales in China to 90,000 tons by April 2006. As China's demand is expected to grow rapidly in the future, the company plans to build an additional 50,000-ton/year PC device at an appropriate time for use in daily necessities and optical components. It is alleged that the company is preparing for the construction of this device. Through these projects, construction companies, suppliers, suppliers, and suppliers are involved.