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Polyplastics: Japanese Ticona jv to expand LCP production

Polyplastics (Tokyo / Japan; www.polyplastics.com) will increase its Liquid Crystal Polymer (LCP) capacity in Fuji / Japan by 5,000 t/y to 15,000 t/y of base polymer and 22,000 t/y of compounds. The 45:55 joint venture between Ticona (Kelsterbach / Germany; www.ticona.de) and the Japanese company Daicel (www.daicel.com) aims to put the extra capacity for the "Vectra" brand on stream at the beginning of 2012.

Polyplastics says the move comes on the heels of the strong market growth in Asia, and in China especially, where the market is expanding in double digit rates again.

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