$1 billion to comprehensively upgrade monomeric silicone.silicone bibs price

　　According to the latest news from Shin-Etsu Group, Japan’s Shin-Etsu Chemical will invest nearly 110 billion yen (about 986 million U.S. dollars at the current exchange rate) to develop one of its core businesses, the silicone business. The 110 billion yen invested will be used to improve its silicone monomers, intermediates and terminal silicone products such as various types of silicone products, silicone emulsions, silicone resins and silicone rubbers in Japan and globally.

　　Shin-Etsu said: "Global customers' demand for our silicone products is increasing. In order to meet customer demand, it is necessary for us to increase investment. Through these investments, we will greatly improve our comprehensive silicone production capacity and provide customers with better product solutions. Program."

　　The production capacity expansion of organic silicon monomers and downstream products will be carried out simultaneously, and the construction period will be about two and a half years. Among the 110 billion yen investment, 50 billion yen will be used for the expansion of silicone monomer production, 50 billion yen will be used to increase the production capacity of silicone downstream products, and the remaining 10 billion yen will be used for infrastructure construction and Improve transport capacity. In this round of production expansion, Shin-Etsu Group’s monomer production capacity is mainly increased in Shin-Etsu’s bases in Japan and Thailand (Shin-Etsu Thailand production base is the Asian Silicone Monomer Factory), while the downstream product capacity expansion is mainly in places other than Japan. The other six overseas bases were carried out.

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