BANGKOK, Thailand (Oct. 31)—General Electric Co. and Shin-Etsu Chemical Co. Ltd. have broken ground on a $250 million joint venture facility they claim will be the largest silicones manufacturing site in Asia when it comes online in 2003. The joint venture company, Asia Silicones Monomer Ltd., will operate the 70,000 metric ton-per-year plant located in Map Ta Phut, near Bangkok, the companies said. Asia Silicones Monomer is 50-percent owned by GE Toshiba Silicones—a GE Silicones/Toshiba Corp. joint venture—and 50 percent by Shin-Etsu. The facility will produce silane-monomers and siloxanes, the raw materials used in making silicone products.
GE, Shin-Etsu break ground on Asian silicone facility
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