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Kuraray to Expand Polyvinyl Alcohol Resin Capacity in Germany

10:28 PM MST | January 16, 2011 | Deepti Ramesh

Kuraray says its Kuraray Europe (Frankfurt, Germany) subsidiary will invest €58 million ($77 million) to expand its polyvinyl alcohol resin production facility at Frankfurt. The production capacity at the facility will be increased by 24,000 m.t./year, and the expansion is expected to be completed in the first quarter of the fiscal year ending March 31, 2014. The expansion of capacity is in response to growing demand for polyvinyl alcohol resin in the European markets, Kuraray says. Following the completion of the expansion, the total polyvinyl alcohol resin...

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