Issue Date: February 5, 2007
Mitsubishi Rayon Boosts Thai Acrylics
Thai MMA will spend about $225 million to double its capacity for methyl methacrylate in Thailand and to build a plant making acrylic sheet. The company is owned 45% by Mitsubishi Rayon, 45% by Siam Cement Group, and 10% by other investors. The venture's annual capacity for the monomer will reach 180,000 metric tons when the new line begins production in 2010. Mitsubishi notes that it just started operating a new methyl methacrylate plant in Huizhou, in southern China.
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