FMC invest $100 mn in microcrystalline cellulose facility in Thailand

FMC to invest $100 mn in microcrystalline cellulose facility in Thailand

11:17 AM, 25th July 2012
FMC to invest $100 mn in microcrystalline cellulose facility in Thailand
Pierre Brondeau, Chairman, President and CEO, FMC.

PHILADELPHIA, US: FMC Corporation will invest more than $100 million in a new world class microcrystalline cellulose (MCC) manufacturing facility in Rayong, Thailand. The new plant will ensure the company’s long-term ability to supply the growing Asia market with its industry leading Avicel colloidal MCC. The new facility, expected to come on line in the fourth quarter 2014, will increase FMC’s global food grade MCC capacity by 35 per cent. The Thailand facility will initially manufacture Avicel colloidal MCC. However, the facility’s design will allow for future volume expansion.

“Today’s announcement represents another major step in FMC’s Vision 2015 growth strategy. This significant investment underscores FMC’s continuing commitment to profitably grow our signature product lines, and to introduce or broaden the availability of leading FMC technologies in rapidly growing regions,” said Pierre Brondeau, Chairman, President and CEO, FMC.

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