DIC to expand PPS compounds production capacity at Komaki Plant, Japan
Specialty chemical company DIC has announced plans to expand the production capacity for polyphenylene sulfide (PPS) compounds at its Komaki Plant in Japan’s Aichi Prefecture.
With an investment of about JPY800m ($7.2m), the company plans to expand the capacity annually to 3,500mt.
New equipment at the plant is set to start operating in September next year.
With the latest expansion of the Komaki Plant’s PPS compound production capacity, DIC is set to respond to demand growth and will further grow this business.
The PPS compounds exhibit heat and chemical resistance and dimensional stability and are super-engineering plastics used as an alternative to metal materials in automotive components, as well as in housing equipment such as water heaters.
As part of its current medium-term management plan, DIC108, DIC expects to drive growth from its PPS compounds business going forward.
Accordingly, the company noted that it has leveraged its integrated production configuration, which covers everything from the polymer to compounds, in a bid to improve its performance.
Furthermore, DIC plans to capitalise on its global production capabilities and network of technical service centres in order to raise its share of the global market for these compounds to 30% from the existing 27% by fiscal year 2018.
Image: PPS production site, Komaki Plant. Photo: Copyright © DIC Corporation.