Friday, November 30, 2007

Mitsubishi Chemical to invest 1.6 bln yen in Thailand, India

Japan Polychem Corp., a subsidiary of Mitsubishi Chemical Corp., plans to invest a total of 1.6 billion yen, on one plant each in Thailand and India to make polypropylene-based resin.The Thai plant, to be constructed in Chonburi Province, will have the capacity to produce 10,000 tpa and will commence in October 2008.

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