Sabic Innovative Plastics said Feb. 26 it has opened a production line for its Verton long-glass-fiber-reinforced composites at its plant in Chung-Ju, South Korea, its first production of the material in Asia.
The Pittsfield, Mass., company is adding one pultrusion line in the expansion, said Moon-sung Hwang, president of Sabic IP Korea.
``We expect to build another line in the future,'' he said in a telephone interview
The firm did not disclose Verton capacity or its investment in the expansion, but Hwang said the entire site, where it compounds several other grades of its engineering plastics, has annual capacity of 88 million to 99 million pounds, depending on the mix.
He said the company is targeting South Korea's well-developed electronics and automotive industries, which include two of the world's biggest mobile phone makers, Samsung and LG.
Though South Korea is more expensive as a manufacturing location than China, Sabic wants to focus on higher-end markets, he said.