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Business
Sumitomo hikes polarizers
September 5, 2005
| A version of this story appeared in
Volume 83, Issue 36
Capitalizing on booming demand for flat-screen TVs, Sumitomo Chemical is spending $270 million to expand its facilities for producing polarizing film used in making liquid-crystal displays. Sumitomo's capacity for polarizing film will reach 42 million m2, up from 24 million m2 now. The firm will add a 6 million-m2 plant in Ehime, Japan, and two 6 million-m2 units in South Korea. It expects to complete the work within one year.
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