Aiming at high-speed communication and automotive markets, Sumitomo Chemical plans to expand LCP production capacity

According to the Japan Chemical Industry Daily, Japan's Sumitomo Chemical plans to strengthen the super engineering plastic liquid crystal polymer (LCP) business
.
At present, Sumitomo Chemical's production capacity is about 10,000 tons.
On this basis, Sumitomo Chemical plans to increase the production capacity of several thousand tons, and increase the production capacity by at least 2-30%
.
The investment will be made at a domestic production base in Japan, which is expected to start operations around 2023
.

LCP has grown steadily with the growing demand in the electrical and electronic fields.
It is expected to be more used in high-speed communication and automotive-related fields in the future.
Other LCP manufacturers are also expanding their production capacity.
For example, in January this year, Celanese announced that it will be China is building a world-class LCP polymerization plant with an annual production capacity of 20,000 tons; in April, it was reported that Ueno Pharmaceuticals expanded its LCP pure resin production capacity to 1.
5 times the original capacity, increasing its annual production capacity to 3,750 tons
.
Sumitomo Chemical will also invest billions of yen to expand production capacity to meet market demands in the growing market
.