In a bid to cater to the booming demand from automotive markets, Japan Polypropylene Corporation (a joint venture between Mitsubishi Chemical and JNC Corp.) has announced plans to expand polypropylene (PP) compounding capacity in North America and China in 2015, as per plasticstoday.com.
Wholly-owned subsidiary Mytex Polymers will increase its capacity by 20,000 tpa to 93,000 tpa, while Beijing Ju-Ling-Yan Co. Ltd, (55%-owned by JPP) plans to raise capacity by 10,000 tpa to reach 76,000 tpa. Currently, these plants are running at full rates. Further capacity expansions are planned for 2016 at JPP's global compounding operations.
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