SINGAPORE (ICIS)--Prime Polymer Co is building a new 200,000 tonne/year polypropylene (PP) production facility at its production site in Ichihara, the Japanese producer said on Monday.
Construction of the facility will start in August 2021, with operations slated to commence in November 2024, the company said in a statement.
Financial details of the project were not disclosed.
The new PP facility will use licensed technology from Japanese producer Mitsui Chemicals.
"The new manufacturing facility to be constructed will enable the production of high-performance polypropylene, something that has been unattainable with the facility used to date, and allow Prime Polymer to meet the growing needs for lightweighting and thinning in automotive materials," the company said.