Industry News

Nippon Shokubai to Build Acrylic Acid Plant in Japan to meet the Growing Demand

Published on 2011-08-03. Author : SpecialChem

NIPPON SHOKUBAI CO., LTD. announces that NIPPON SHOKUBAI determined to build a new acrylic acid("AA") plant as it expects remarkable demand growth of AA.

Worldwide demand for AA has been growing at about 6% annual reflecting the growth of acrylates and superabsorbent polymers ("SAP"), major applications of AA, NIPPON SHOKUBAI will build a new AA plant with an annual production capacity of 80,000 MT/Y in May 2013 at Himeji Plant, Hyogo Prefecture, Japan to satisfy the growing demand and to fullfil its duty to supply products.

In order to execute its AA business strategy; "Growth based on increasing demand", NIPPON SHOKUBAI continues to strengthen global supply network. With this new plant at Himeji, NIPPON SHOKUBAI group' s global AA production capacity will be 780,000 MT/Y in summer 2013 including capacity expansion in Indonesia.

About Nippon Shokubai CO., LTD.

Nippon Shokubai CO., LTD. is engaged in the manufacture and sale of chemicals. The Company has three business segments. The Basic Chemical segment manufactures and sells acrylic acid, acrylic acid ester, ethylene oxide, ethylene glycol, ethanolamine and higher alcohol. The Functional Chemical segment is involved in the manufacture and sale of super water-absorbing resins, medical intermediates, polymers for concrete admixtures, electronic information materials, iodine, maleic anhydrides, adhesives, resins for coating materials, resin molding products and processed adhesive products. The Environmental and Catalytic segment manufactures and sells automobile catalysts, nitrogen oxide (NOx) removal catalysts, process catalysts, decomposition catalysts for dioxin and exhaust-gas treatment equipment. As of March 31, 2011, the Company has 24 subsidiaries and 12 associated companies.

Source: Nippon Shokubai

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