Japan's DIC planning PPS compounding plant in China

By Frank Esposito
Senior Staff Reporter

Published: August 25, 2014 1:28 pm ET
Updated: August 25, 2014 1:30 pm ET

Related to this story

Topics Materials, Materials Suppliers, China, Asia

Japanese materials firm DIC Corp. plans to open its first polyphenylene sulfide (PPS) compounding plant in China by the end of 2015.

Tokyo-based DIC will spend almost $13 million on the plant, which will be located in Zhangjiagang and will have annual production capacity of about 13 million pounds.

In a news release, DIC officials said the plant will use a state-of-the-art production control system that enables integrated computerized control of production lines and monitoring processes. This system will help to improve the safety and precision of production activities, as well as to increase efficiency and yield rates, they said. A similar system already is in place at DIC’s PPS compounding site in Austria.

Officials said DIC already has a 20 percent share of Chinese PPS compound sales through imports of compounds made at plants in Japan and Malaysia. The Chinese plant is expected to increase that share to 35 percent, they said.

DIC earlier this year also opened a new technical center in Shanghai. The center will provide broad-based customer support, including in the fabrication of metal molds and the molding of PPS compounds, officials said. They added that although global PPS compound demand is growing at a 6-8 percent rate, growth in China is even higher at 10 percent.

The new Chinese plant will increase DIC’s global PPS compounding capacity to almost 90 million pounds per year. The plant would be DIC’s first new PPS compounding site since the Austrian plant opened in 2012.


Comments

Japan's DIC planning PPS compounding plant in China

By Frank Esposito
Senior Staff Reporter

Published: August 25, 2014 1:28 pm ET
Updated: August 25, 2014 1:30 pm ET

Post Your Comments


Back to story


More stories

Image

BASF keeps innovating to drive customers

March 2, 2015 11:39 am ET

Materials giant BASF Performance Materials is keeping innovation alive with new products and processes.    More

Image

BASF earnings up despite 'disappointing economic development' for Europe

March 2, 2015 10:50 am ET

Chemicals giant BASF SE said Feb. 27 it had hit its goal for 2014, increasing earnings, “despite the disappointing economic development in...    More

Image

Borealis reports record profit for 2014

March 2, 2015 10:29 am ET

Borealis AG, the Austria-headquartered chemicals giant, announced record annual net profits, numbers the group said were boosted by improved margins...    More

Image

Experts explain why resin sales are down in a healthy US economy

February 27, 2015 1:58 pm ET

The economies of the U.S. and Canada posted solid growth in 2014 — even though resin demand in those countries lagged behind.    More

Image

Industry vet Dwight Morgan joins M. Holland

February 27, 2015 1:55 pm ET

Resin distribution leader M. Holland Co. has hired industry veteran Dwight Morgan as its vice president of corporate development.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events