Kureha Plans PE Resin Facility for WV

Kureha Corp. (Tokyo) says it will invest more than $100 million to build a facility for the production of polyglycolic acid (PGA)—a biodegradable polymer used as a gas-barrier resin in polyethylene terephthalate (PET) bottles. The facility will be located on DuPont's Belle, WV site. Construction will begin in early 2008, with production to begin in early 2010, the company says. PGA is a polyester resin that boasts a gas barrier 100 times higher than PET, controllable hydrolysis, and "excellent" mechanical strength, Kureha...

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