21 February 2013 13:58 [Source: ICIS news]
TOKYO (ICIS)--Japanese chemical producer Mitsubishi Plastics plans to build a new plant to produce aluminum composite material (ACM) in Wiesbaden, Germany, due to an expected increase in demand in Europe and central Asia, the company said on Thursday.
The plant, which will produce Alpolic, a construction material, will have a capacity of 1.5m square-metres/year (sqm/year) and commercial production is expected to begin in the spring of 2014, Mitsubishi Plastics said.
Alpolic is currently produced at Mitsubishi Plastics’ factories in Nagano prefecture and Tokyo, and at the plant of Mitsubishi Plastics Composites America in Virginia, US, according to the company.
It has decided to establish a new production base in Wiesbaden because exporting the products from Japan to Europe and central Asia takes over two months, Mitsubishi Plastics said.
Construction of the new plant is expected to start in the spring of 2013, the producer said.
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