30 January 2013 04:25 [Source: ICIS news]
SINGAPORE (ICIS)--Toray Advanced Film Kaohsiung, a Taiwan-based subsidiary of Japanese chemicals maker Toray, is ramping up production at its optical protective film plant after it came on stream in December last year, a ministry website said on Wednesday.
The new plant, which produces Toray’s self-adhesive surface protection film TORETEC, is expected to increase its output to 17,000 tonnes/year “by this summer”, said the department of investment services at the Ministry of Economic Affairs.
Toray invested New Taiwan dollars (NT$) 2.4bn ($81m) into the plant, according to the ministry.
“Toray's participation will help strengthen the island's capability to supply upstream materials for flat-panel display products and reduce the cost of materials for local manufacturers, thereby boosting the competitiveness of the domestic flat-panel display industry,” it added.
TORETEC is a polyethylene (PE) based self-adhesive protective film developed by Toray and is widely used as process film in the manufacture of liquid crystal display (LCD) optical films and as a protective film for plastic boards.
($1 = NT$29.47)
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