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Business

Shin-Etsu Slates Silicones In Japan

by Jean-François Tremblay
November 2, 2015 | A version of this story appeared in Volume 93, Issue 43
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Shin-Etsu Chemical will spend $165 million to expand its silicones site in Gunma, Japan, which it calls the world’s largest production base for the materials. The company will build an R&D building as well as facilities to produce specialty silicones in small batches to supply the auto, cosmetics, chemicals, and health care industries. And in Niigata, Japan, Shin-Etsu will build a small plant dedicated to the production of silicones for marine paints. Shin-Etsu aims to grow its silicones business by more than 10% annually.

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