Showa Denko build thermosetting bulk moulding compound facility in China

Showa Denko to build thermosetting bulk moulding compound facility in China

5:55 AM, 16th February 2015
Showa Denko to build thermosetting bulk moulding compound facility in China

TOKYO, JAPAN: Showa Denko (SDK) decided to establish a new production site for thermosetting bulk moulding compound (BMC) in Zhuhai, Guangdong Province, China, jointly with Eternal Materials Co., Ltd., a synthetic resin manufacturer based in Taiwan. SDK Group aims to strengthen its BMC business through this establishment of its second BMC production site in China.

SDK Group’s BMC business sector has production sites at three locations in Japan, Shanghai, and Thailand. Since 2007, SDK Group’s sales of BMC in China has been recording annual growth rate of 15 per cent in average, and BMC plant in Shanghai has been operating at full capacity for quite a while. By establishing another BMC plant in China, where further market growth is expected, SDK Group will strengthen its BMC supply system in that region.

Under its medium-term consolidated business plan “PEGASUS Phase II,” SDK Group classifies its business in functional chemicals, including BMC, into the category of “Growth” business. Thus, during the period of PEGASUS Phase II which lasts for the whole year of 2015, SDK will aggressively expand its functional polymer business on the world market, centering on Asia.

 

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