Issue Date: August 8, 2011
Shokubai Invests In Acrylic Acid
Nippon Shokubai will spend nearly $200 million to expand its capacity for acrylics. The company will build an 80,000-metric-ton-per-year acrylic acid plant in Himeji, Japan. Acrylic acid is primarily used in making superabsorbent polymers, which Shokubai also produces. The company will spend an additional $45 million to build a 20,000-metric-ton acrylic ester plant in Kawasaki, a suburb of Tokyo. Shokubai expects both new units to start production in 2013.
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