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Business
Sumitomo ups polarizers
March 6, 2006
| A version of this story appeared in
Volume 84, Issue 10
Sumitomo Chemical will spend $430 million to double its capacity in Japan, South Korea, and China for polarizing film used in liquid-crystal displays. The company is already spending $300 million on similar projects in Japan and South Korea. Sumitomo expects to complete all announced expansion work by the middle of next summer and to have a total annual capacity of 76 million m2 by then. It says the polarizer market is driven by demand from manufacturers of large-sized LCD television sets.
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