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Mitsubishi Plastics will spend almost $300 million to build a plant in Suzhou, China, to produce polyethylene terephthalate films for use in making liquid-crystal displays. With an annual capacity of 45,000 metric tons, the facility is scheduled to come on-line in 2013. Mitsubishi notes that numerous liquid-crystal-display panel makers are in the process of building plants in China. The company already produces the film in Japan.
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