Issue Date: June 1, 2009
Mitsubishi Gas Plans China Polycarbonate
Mitsubishi Gas Chemical plans to build a polycarbonate plant in Shanghai. The Japanese firm says it will spend about $310 million on a plant that will have capacity of 80,000 metric tons per year and start up in 2012. Mitsubishi Gas is already a major producer of the clear, strong plastic, with facilities in Japan and Thailand. Saudi Basic Industries, which acquired polycarbonate producer GE Plastics, also plans to build a polycarbonate plant in China.
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