Mitsubishi Gas Chemical stalls Shanghai PC plant

13 June 2008 12:40  [Source: ICIS news]

TOKYO (ICIS news)--Japan's Mitsubishi Gas Chemical (MGC) has pushed back the start-up of its planned polycarbonate unit in Shanghai, China to 2010 because it was taking a long time to conduct a feasibility study and get approval from the local authorities, a spokeswoman said on Friday.

The spokeswoman said the company did not know when it could start building the plant.

“Once the construction starts, the project will go smoothly,” the spokeswoman said, noting it normally took about 10 months to complete a plant.

The new PC unit, based in the Caojing district, was previously due to start in mid-2008, according to ICIS chemical business.

MGC previously told ICIS news the cost of the new PC unit was $180m, but the spokeswoman declined to comment.

MGC operates a PC unit in Kashima, Ibaraki prefecture, Japan, with a capacity of 110,000 tonnes/year. Thai Polycarbonate, MGC’s joint venture with Mitsubishi Chemical and Mitsubishi Engineering Plastics, also has a 160,000 tonnes/year PC unit in Mab Ta Phut, Thailand.

Meanwhile, the company was still conducting a feasibility study on the planned 850,000 tonne/year methanol unit in Chongqing, China, the spokeswoman said.

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By: Tomomi Yokomura
+65 6780 4359

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