18 October 2000 08:36 [Source: ICIS news]
SINGAPORE (CNI)--Japan's Chiyoda Corp has been commissioned to build a 50 000 tonne/year polycarbonate (PC) plant for Teijin's Singapore subsidiary, Teijin Polycarbonate Singapore Pte Ltd, at the petrochemical hub on Jurong Island, as part of Teijin's PC capacity expansion here, CNI learned Wednesday.
Construction of the 50 000 tonne/year plant is scheduled to start next June. Teijin expects to invest about $100m (Euro117m) into the unit.
Besides construction, Chiyoda is also charged with the engineering and procurement for the project.
Teijin opened a 60 000 tonne/year polycarbonate plant in Singapore last year and said then it would expand capacity here to 130 000 tonne/year by 2001, and after that to 180 000 tonne/year, depending on demand.
A high ranking Mitsubishi Chemical official told CNI earlier this month that the company was keen to source PC feedstock for its hard disk production facilities here from Teijin if that company further enlarges its capacity.
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