Mitsubishi Rayon to Establish New Methyl Methacrylate Monomer Plants
Aki Tsukioka
Tokyo, June 20, 2005 – (JCN) – Mitsubishi Rayon (TSE: 3404) and Lucite International of the UK have decided to set up new plants for the production of methyl methacrylate monomer in the US and Singapore.
Mitsubishi Rayon will build the US plant which will have an annual output capacity of 140,000 tons. Lucite will build a plant in Singapore with a capacity of 120,000 tons per year.
The two companies have agreed to mutually supply the products manufactured in their respective plants and to discuss making these plants their joint ventures in the future.
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