14 November 2006 22:03 [Source: ICIS news]
NEW YORK (ICIS news)--GE Plastics on Tuesday said it plans to spend $280m (€218m) to expand its resin capacity in the US and Spain.
The company will invest about $250m to build a plant at ?xml:namespace>
Brian Herington, GE Plastics general manager for high performance polymers, said in a media briefing that the expansions were in response to customer demand.
Meanwhile, the expansion at
Both facilities were designed to be easily expanded to keep pace with the growing thermoplastics market, Herington said.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|