DIC to Build PPS Compounds Plant in Austria; Acquires Solvay’s PPS Compounds Business

DIC Corp. (Tokyo) says it will invest about €14 million ($19 million) to build a new plant for polyphenylene sulfide (PPS) compounds at Vienna, Austria. The plant is expected to come online in 2012 and will have a production capacity of 6,000 m.t./year, with the possibility of expanding it to 10,000 m.t./year in the future. The investment is part of the company’s ¥10-billion ($130 million) project to expand global production capacity for PPS polymer and compounds. DIC announced last week that it will invest about ¥8 billion to build a new PPS...

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