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CORRECTION: This article was updated on Feb. 22, 2012. Kuraray is increasing capacity in Ehime, Japan, for polyvinyl alcohol film, not polyvinyl acetate film.
Kuraray will spend $170 million to increase capacity for polyvinyl alcohol film at its plant in Ehime, Japan. PVA is used to make one of the key layers in liquid-crystal display polarizers. The expansion will involve setting up a new production line capable of producing 5,000-mm-wide film used in making large flat-screen television sets. Kuraray is already the main producer of PVA film for LCD applications. The company expects to complete the expansion in 2013.
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