Kuraray optimizes production capacity of MMA plant
Chemical

Kuraray optimizes production capacity of MMA plant

The company also announces that the production and sales volumes for MMA and some other downstream products will be reduced from July 2025

  • By ICN Bureau | June 30, 2024

Kuraray announces its decision to optimize the production capacity of its methacrylic resin business’s methyl methacrylate (MMA) plant.

The company also announces that the production and sales volumes for MMA and some other downstream products will be reduced from July 2025 as a result of this change.

Since 1959, Kuraray’s Niigata Plant has been manufacturing MMA and methacrylic resins and other such products that are downstream in the methacrylate chain. In recent years, however, the competitive structure of the market has deteriorated due to changes resulting in an ongoing oversupply. At the same time, maintenance and renewal costs have increased due to the aging of facilities, making the business environment more challenging.

To secure profitable business continuity and a stable supply of products into the future, Kuraray has come to the conclusion that it is essential to strengthen our competitiveness by optimizing the product mix by reducing production capacity while bringing down the cost of facility antiaging measures.

Register Now to Attend Agrochem Summit 2024 on Friday, December 13th, 2024 at The Park, New Delhi

Upcoming E-conferences

Agrochem Summit 2024

December 13, 2024

PetroChem Summit 2024

December 18, 2024

Other Related stories

Startups

Petrochemical

Energy

Digitization