TOKYO (June 13, 4:05 p.m. ET) — Kureha Corp. is building its first polyvinylidene fluoride plant outside of Japan in Changshu, China, aiming to establish a stable supply system to meet growing demand in the region and worldwide.
The company held a ground-breaking ceremony on June 7, according to a news release.
Tokyo-based Kureha is investing $90 million on the first phase of the PVDF project, including building, equipment, and environmental protection measures. The company expects the first phase to bring online 5,000 metric tons of annual capacity by spring 2014.