Mitsubishi building PET film plant in China

10/04/2010

Mitsubishi Plastics Inc. plans to open a PET film plant in China, its first in the country, prompted by growing demand in the flat panel display market for television screens and computer monitors.

The 24 billion yen (US$288 million) facility in Suzhou, Jiangsu province, will start operating in April 2013, with a single line with capacity of 22,500 metric tons, the company said in a Sept. 29 announcement.

MPI, based in Tokyo, plans to add a second line in April 2015...
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