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Chemical Week Magazine :: New Construction Projects

Sumitomo Seika Chemicals outlines superabsorbents investment in Korea

7:01 AM MDT | August 1, 2014

Sumitomo Seika Chemicals has formed a new polymers company that will build and operate a superabsorbents production facility at Yeosu, Korea, to meet brisk demand. Sumitomo Seika will hold 90% in the venture, which will be capitalized at ¥5 billion ($49 million). The plant will have capacity to produce 59,000 m.t./year of the company’s Aqua Keep superabsorbent polymers. The total investment cost is estimated at ¥10 billion. Completion is scheduled for May 2016. The new plant will add to Sumitomo Seika’s facilities in Japan, Singapore, and France. Sumitomo...

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