Nippon Shokubai cancels SAP project in China

11:21 AM, 1st August 2014

TOKYO, JAPAN: Nippon Shokubai announced the cancellation of investment for superabsorbent polymers (SAP) at Nisshoku Chemical Industry, Zhangjiagang Co Ltd, a subsidiary in China. The capacity expansion of the plan of SAP plant was announced on 31 January 2012. The expansion was suspended at that time, due to the accident occurred at NIPPON SHOKUBAI Himeji Plant on 29 September 2012, in order to dedicate necessary internal resources to the recovery from the accident at Himeji plant.

This time, Nippon Shokubai reviewed the project feasibility and recognized the change of SAP market environment in China and has decided to give priority to an expansion in other regions over the expansion in China.

0 Comments

Your Comments (Up to 2000 characters)

Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Submit

WASHINGTON DC, US: Long before humans figured out how to create colours, nature had already perfected the process – for example stunning, bright ...

Research towards vaccine for Ebola virus

LOUISIANA, US: The ongoing Ebola outbreak in West Africa is the deadliest in history, with more than 500 dead and hundreds more infected. The particul ...

Westlake closes acquisition of Vinnolit

HOUSTON, US: Westlake Chemical Corporation has closed the previously announced acquisition of German-based Vinnolit Holdings GmbH and its subsidiary c ...

Solvay to sell Eco Services business to CCMP Capital

BRUSSELS, BELGIUM: Solvay has signed a binding agreement to sell its sulfuric acid virgin production and regeneration business Eco Services to affilia ...

New test to detect potentially dangerous caffeine levels in beverages

WASHINGTON DC, US: If you feel your daily beverages as coffee, tea or soda contains caffeine in spite of the decaffeinated label, then you can check t ...

Showa Denko to acquire Air Products’ high-purity chlorine business in Taiwan

TOKYO, JAPAN: Showa Denko KK has decided to acquire a high-purity chlorine business in Taiwan, in order to strengthen its special material gas busines ...