Coim Group is investing an unspecified amount to add 20-kilotonnes-per-annum-capacity for polyester polyols at its Singapore facility.
The addition will raise the plant's ability to produce both aromatic and aliphatic polyester polyols to 50 ktpa, a 15 Dec Coim announcement said.
The new capacity will come on stream in the last quarter of 2010.
Milan, Italy-headquartered Coim said it made the decision to increase capacity, "In view of the growing demand in Asia Pacific region. Coim Asia Pacific saw a big surge in demand during 2009 in automotive, CASE, building insulation and footwear sectors."
Vipul Rastogi, general manager of Coim Asia Pacific, said in the statement: "Coim has a unique locational advantage in Singapore and will exploit it to the maximum to seek ever-growing opportunities and service its customer base in the entire Asian region.”
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