Toray build new resin compounding facility in Indonesia

Toray to build new resin compounding facility in Indonesia

9:42 AM, 17th October 2012
Toray to build new resin compounding facility in Indonesia

TOKYO, JAPAN: Toray Industries has decided to establish a new resin compounding base at P T Indonesia Toray Synthetics (ITS), its subsidiary in Indonesia. With the establishment of the facility, ITS will be the first resin compounding base by an engineering plastic manufacturer in Indonesia. Toray will invest approximately ¥600 million ($7.6 million) for installing the nylon and polybutylene terephthalate (PBT) resin compounding facility with an annual capacity of 6,000 tonne, which is expected to start operation in November 2013.

In a bid to expand the business, Toray aims to be the first in capitalizing on the growing engineering plastic demand in Indonesia through the establishment of the nylon and PBT compounding facility at ITS, which has a nylon polymerization facility, and also by providing swift response and meticulous technical service to customers enabled by localization of production.

The establishment of the Indonesian resin compounding base is part of Asia and Emerging Country Business Expansion (AE) Project. Toray will contribute to economic growth in countries and territories where significant economic growth is anticipated through business expansion while aiming to enable its own sustainable business growth.

© WOC News 

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