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标题KEP announces Expansion 日期2012-03-27

Korea Engineering Plastics Co. Ltd Announces Expansion

 

  On March 27th 2012, Korea Engineering Plastics Co. Ltd (KEP), an industry-leading polyacetal (POM) manufacturer, announced it is expanding its manufacturing capabilities by 35,000 metric tons per year.
KEP has a current capacity of 105,000 metric tons and this expansion will make it one of the world’s
largest manufacturing sites.

 

 “There continues to be a high demand for POM with expected annual growth of five to six percent,” said Douglas Choi, chief executive officer. “This expansion will enable us to be more competitive, capitalize
on future opportunities and add more value to our customers.”

 

 Construction on the expansion has already begun with commercial operations slated for early 2014. The manufacturing expansion will continue to use Mitsubishi Gas Chemical’s (MGC) production technology
already integrated in the existing site.

 

 POM is valued for use in automotive, electrical and electronic industries due to its high quality in the areas of mechanical strength, fatigue resistance and chemical resistance.

 

 

KEP

 Korea Engineering Plastics Co. Ltd.(KEP) is a joint venture established in 1987. Outstanding shares are owned 50 percent by Celanese, 40 percent by Mitsubishi Gas Chemical and 10 percent by Mitsubishi
Corporation. KEP produces POM for worldwide and has manufacturing facilities in Ulsan City, Korea.

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