Asahi Glass to Invest 3 Billion Yen in New Fluorinated Resin Production Plant in UK.Tokyo, Japan, Oct 12, 2005 - (JCNN JCNN Japan Corporate News Network ) - Asahi Glass will invest approximately 3 billion yen ($26 mil) to build a new plant to produce FluonETFE (a copolymer of ethylene and tetrafluoroethylene Noun 1. tetrafluoroethylene - a flammable gaseous fluorocarbon used in making plastics (polytetrafluoroethylene resins) fluorocarbon - a halocarbon in which some hydrogen atoms have been replaced by fluorine; used in refrigerators and aerosols ) fluorinated fluorinated material to which a fluoride has been added, e.g. water for human consumption treated as a prophylaxis against tooth decay. resin at its UK subsidiary Asahi Glass Fluoropolymers U.K. Ltd., as part of its mid-term management plan, JIKKO-2007. Construction will start in January 2006, and is slated for completion in January 2007. Asahi Glass manufactures at its plants in Chiba and Kashima over half of the resins it supplies globally. With demand growing in Europe, the company has decided to increase its production capacity by constructing another plant. The new plant will allow the company to boost its ETFE ETFE Ethylene/Tetrafluoroethylene Copolymer production capacity by about 20%. Asahi Glass will also set up a technical center for ETFE and other melt fluorinated resins at the UK subsidiary with the aim of increasing sales in the UK. Source: JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) http://www.japancorp.net Copyright [c] 2005 Japan Corporate News Network. All rights reserved. |
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