07 January 1998 10:56 [Source: ICIS news]
LONDON (CNI)--Netherlands based DSM Resins and Japan Synthetic Rubber (JSR) of Tokyo announced plans Wednesday to build a new plant for high-performance ultra-violet (UV) curing materials in Nihari-mura, Japan for their 50:50 joint venture Japan Fine Coatings.
Scheduled for completion in 1999, the new plant will have a capacity of "well over" 3000 tonne/year and will involve an investment of Yen4bn ($31m).
Japan Fine Coatings produces UV curing materials for use in protective coatings, inks and matrix materials for optical glass fibres and cables. The two companies said the market for these products is growing at a rate of more than 10% a year.
DSM Resins is part of the Dutch chemicals and materials group DSM.
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