Japanese textile and chemical companies are expanding output of high-performance resin compounds in China in response to rising demand from customers in the home appliance, office equipment and auto sectors.
Toray Industries is building facilities in Shanghai and Shenzhen, Guangdong province. It will produce materials used in making auto parts and other products. Teijin Chemicals is constructing a plant in Shanghai to produce polycarbonate and other compounds for use in office automation equipment. The plant, with an annual capacity of 20,000 tons, is scheduled to start operations in the summer. Mitsui's resin plant in China will produce plastic resins used in beverage containers. Asahi Kasei is to build a polyacetal plant in Jiangsu province in partnership with EI Du Pont de Nemours of the US. Meanwhile, a consortium including Polyplastics Co and Mitsubishi Gas Chemical has also selected Jiangsu as the site of a US$140m polyacetal plant. It will have an annual capacity of 60,000 tons and will come on stream in 2005.