04 June 2013 10:54 [Source: ICIS news]
TOKYO (ICIS)--US chemical maker MonoSol plans to build a new polyvinyl alcohol (PVOH) film production plant at La Porte, Indiana, because of an increase in demand for industrial purposes, a spokesman from its Japanese parent company Kuraray said on Tuesday.
Demand for water-soluble PVOH film is growing particularly for use in individually packaged detergents in the US and Europe, the company said in an official statement.
The new production plant, expected to cost $35m (€26.6m), is scheduled to come on stream in July 2014, the spokesman said.
The spokesman said there is an existing PVOH film facility at the same site.
However, the company did not disclose the capacities of both the existing facility and the new plant.
Kuraray also planned to start up a 40,000 tonne/year PVOH resin plant in La Porte, Texas, and it has begun the construction of the plant in April, the spokesman said.
The plant is expected to be completed in September 2014, he added.
Kuraray has acquired MonoSol in June 2012.
($1 = €0.76)
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