EXTON, PA. - Even though its official opening was in May, LNP Engineering Plastics already is planning to expand its 30,000-square-foot compounding facility in Seremban, Malaysia. LNP started producing samples of custom and specialty thermoplastic compounds for customers in Asia several months ago. The plant has three compounding lines, and a fourth is to begin production by October, said Richard J. Burns, executive vice president and chief operating officer.
The Exton-based firm has been supplying its Asian customers from North America, where it will continue to develop products before making them in Malaysia, Burns said.
The Malaysian facility is near a seaport, from which LNP will ship compounded resins to Korea, Taiwan, Hong Kong, China and Thailand, he said. LNP's main markets in Asia include Penang, Malaysia and Singapore, Burns said. LNP is owned by Kawasaki Steel Corp. of Tokyo.