Malaysia’s Toray plans to expand its ABS capacity
by ChemOrbis Editorial Team - content@chemorbis.com
Malaysia’s Toray Plastics, a subsidiary of Japan’s Toray Industries, announced in a press release that the company is planning to build a new ABS resin facility in Penang, Malaysia.
The new plant, which is planned to have a production capacity of 75,000 tons/year ABS, is expected to become operational in November 2020. Also, the company stated that the proposed facility will mostly focus on producing the transparent grade to meet the globally growing demand.
With the expansion project, the company’s total ABS production capacity will be raised to 425,000 tons/year.
The new plant, which is planned to have a production capacity of 75,000 tons/year ABS, is expected to become operational in November 2020. Also, the company stated that the proposed facility will mostly focus on producing the transparent grade to meet the globally growing demand.
With the expansion project, the company’s total ABS production capacity will be raised to 425,000 tons/year.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Türkiye’s polymer markets in flux amid bullish costs, lackluster demand
- China’s import PE prices resume uptrend on ongoing cost support
- Liquidity concerns keep India’s PP, PE markets on edge
- Buyer resistance counterbalances cost pressure in China’s PE markets
- Türkiye’s PE market up in Sept as limited quotas offset muted demand
- Crude oil rally keeps China’s PP markets firm
- Europe’s PVC rebounds from nearly 3-year lows, is it a dead-cat bounce?
- Indian players see PVC prices falling further ahead
- Stats: US boosts HDPE market share in China, Saudi's sales slump sharply
- Stats: India's H1 PP imports jump, PE and PVC imports skyrocket
