TOP > News & Topics > Press Release List > Shin-Etsu Chemical invests 110 billion yen in silicone business 2018.09.03 Shin-Etsu Chemical invests 110 billion yen in silicone business Expand production capacity from domestic and overseas silicone monomers to final products Shin-Etsu Chemical Co., Ltd. (Headquarters: Tokyo, President: Yasuhiko Saito) will make a capital investment of nearly 110 billion yen in the silicone business, which is one of its main businesses. We will increase the production capacity of silicone intermediate product monomers and various final products such as oil-based, resin-based, and rubber-based products at major bases in Japan and overseas. We receive a wide variety of requests from many customers around the world, and we will make a series of investments to meet them. Through these investments, we will further strengthen the integrated production system and enhance our ability to contribute to solving customers' problems. This capital investment will be carried out in stages over a period of about two and a half years, with the increase of monomers and the increase of final products in parallel. The breakdown of the investment is expected to be about 50 billion yen to increase the production capacity of intermediate products such as monomers, about 50 billion yen to increase the production capacity of final products, and about 10 billion yen to increase other ancillary facilities such as infrastructure and shipping. Monomer will be strengthened at existing bases in Japan and Thailand, and final product groups will be strengthened at existing bases in six countries overseas in addition to Japan. Demand for silicone products is expected to exceed the average growth of global GDP in view of customer demands and demand forecasts. In this way, we will broadly grasp the demand for silicone products, which are expected to grow steadily, and respond flexibly. Silicone has been a strategically important business for Shin-Etsu Chemical from the past to the present, and we will continue to increase its existence value. By strengthening the production capacity this time, we will grow together with our customers and strengthen our position as a major silicone manufacturer. that's all For inquiries regarding this matter, please contact Shin-Etsu Chemical Co., Ltd. Public Relations Department Koishikawa TEL: 03-3246-5091 FAX: 03-3246-5096 e-mail: sec-pr@shinetsu.jp . News & Topics News top List of press releases Other list Event schedule list New product news list Precautions regarding the use of the website Personal information protection policy Copyright © 2001- 2021 Shin-Etsu Chemical Co., Ltd. All rights reserved.