Nippon Shokubai plans $200 mn acrylic acid plant in Indonesia

Nippon Shokubai plans $200 mn acrylic acid plant in Indonesia

6:17 AM, 30th October 2018
Nippon Shokubai logo

TOKYO, JAPAN: Nippon Shokubai Indonesia, a subsidiary of Nippon Shokubai Co Ltd plans to build a new acrylic acid (AA) plant with 100,000 metric tons per year.

With an investment of approx. $200 million, the plant is scheduled to be completed in 2021. With this new plant, the company’s global acrylic acid production capacity will be 980,000 metric tons per year.

Acrylic acid shows steady growth of demand as a key material of superabsorbent polymer (SAP) and acrylate (AES) etc. To accommodate the demand the company has studied further expansion of AA.

© Worldofchemicals News



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