KUANTAN, MALAYSIA: Kaneka Corporation established a new company Kaneka Apical Malaysia Sdn Bhd in February 2012 in the aims of expanding its polyimide film (PI film) business and enhancing its competitiveness and began construction of a new plant on the premises of Kaneka Malaysia Sdn Bhd. The new plant will primarily produce Apical NPI, a major grade of PI film, and will begin operations with an annual production capacity of approximately 600 tonne in October 2013. This expansion will raise the total production capacity in Japan, the United States and Malaysia to 3,200 tonne.
The reasons for building the new plant in Malaysia include the trade advantages arising from the free trade agreements it has signed with Japan, China, South Korea, etc; the stable supply of utilities and comparatively low procurement costs due to its position as a producer of natural gas and; the smaller amount of investment necessary as a result of constructing it on the already operational Kaneka Malaysia premises.
© WOC News