TOKYO (June 28) — Asahi Kasei Chemicals Corp. is increasing annual capacity for solution-polymerized SBR by 10,000 metric tons to 62,000 tons at its Oita, Japan, plant.
The expansion at the facility, which belongs to subsidiary Japan Elastomer Co. Ltd., is scheduled to start in April 2008 and will produce "new modified synthetic rubber for high performance fuel-efficient tires," the company said. The material has been on the market since April.
The business has been marked for expansion through strategic investment in the Asahi Kasei Group´s "Growth Action 2010" medium-term, business initiative, with a focus on both increasing production capacity and advancing technological development.
Asahi Kasei did not disclose the size of the investment in the expansion project.