Polyplastics will increase POM production with a plant in Nantong, China, according to a recent note by owner Daicel. The document on the website says the new POM plant will have a capacity of 90,000 metric tons per year.
The plant will start production in 2024 and will serve to meet the growing demand in China. In addition, the note says its 60,000 metric ton per year plant in China will be relocated. The relocation is part of a plan to meet China’s environmental policy.
Daicel bought 45% share of Polyplastics in 2020 from Celanese to became 100% owner. Daicel, based in Japan, produces high-performance chemicals. The company operates business also in celluloid technologies, organic chemicals, polymers and pyrotechnic devices.