Strong prospects for automotive in China, Thailand and the U.S. have prompted Japanese materials supplier Mitsubishi Chemical Corporation (Tokyo) to expand capacities for PVC compound, olefin thermoplastic elastomer (TPO) and adhesive polymer at locations in North America and Asia.
The company currently 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. (Samutsakhon). 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) by 4000 tonnes/year with production start-up scheduled for April 2012. Current production capacity stands at 15,000 tonnes/year....