09 December 2010 11:24 [Source: ICIS news]
TOKYO (ICIS)--Japanese chemical producer Toyobo is looking to build a new polyethylene terephthalate (PET) film line at its plant in Tsuruga, Fukui prefecture, to cater to the growing demand for the product, a company official said on Thursday.
“We haven’t decided on the details, but we have a vision,” the official said in Japanese, adding a PET film line would typically have a capacity of 10,000-15,000 tonnes/year.
Toyobo was “hoping” to start commercial production in the summer of 2012, the official said, without providing further details.
He said the company would finalise the details of its new production line by March 2011.
Toyobo has another PET film plant in Inuyama, Aichi prefecture. The Tsuruga and Inuyama units have a combined output of 75,000 tonnes/year of PET film, according to the official.
Both plants are operating at full rates, the official added.
Demand for PET film has grown in recent years, in line with that of liquid crystal displays (LCD) and flat panel displays. As a result, Toyobo was falling short of the product, he said.
($1 = Y84.04)
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|
Asian Chemical Connections