Polyplastics, a company of Japan's high-performance resins to expand capacity, recently said it plans to increase its production capacity of high-performance resin composites in Malaysia by 25%, and expects to complete the expansion project
As global demand for electrical, electronic and automotive parts is growing faster than expected, Poly plans to add a new production facility
for both polyoxymethylene (POM) and polyphenylene sulfide (PPS) compounds.
The company will implement the capacity expansion project
through its Malaysian subsidiary, Poly Asia Pacific (PAP).
The new complex production facility will start commercial operations in early 2020, when PAP's annual compound production capacity will be increased by 9,000 tons, bringing the total annual capacity of the site to approximately 45,000 tons
Poly said that POM and PPS complexes are currently shipping high volumes and have been largely unaffected
by the Sino-US trade war.
POM composites, in particular, have an annual demand growth rate of more than 5% in the Chinese market, which is a major factor in
the company's capacity expansion.