NIPPON SHOKUBAI CO., LTD. (headquarters: Osaka, Japan, President: Kazuhiro Noda, hereinafter \u201cNippon Shokubai\u201d) hereby announces that Nippon Shokubai has resolved, at its board meeting held on July 30, 2024, to give approval to the investment plan at PT. NIPPON SHOKUBAI INDONESIA (hereinafter \u201cNSI\u201d).
The plan is to build superabsorbent polymers (hereinafter \u201cSAP\u201d) plant with 50,000 metric tons per year (\u201cMT\/Y\u201d), as follows.<\/p>\n\n\n\n
SAP, one of Nippon Shokubai\u2019s core businesses, shows steady growth of demand as a key material for diapers globally, particularly in the regions the populations are anticipated to increase rapidly.
As a result of the study, Nippon Shokubai concluded to expand the capacity of NSI, as it had already expanded its production facility of acrylic acid (hereinafter \u201cAA\u201d) by 100,000 MT\/Y (total AA capacity after the expansion : 240,000 MT\/Y) and can take advantages of its strength from the vertically integrated production from AA to SAP to meet the strong demand growth in Asian region and the expectation for synergistic effect with the existing plant.On the other hand, for the old SAP production facilities with relatively low productivity in Himeji, Japan, Nippon Shokubai will consider stopping some of these facilities to optimize Nippon Shokubai\u2019s global SAP supply network in future.<\/p>\n\n\n\n
| Production capacity<\/td> | SAP 50,000 MT\/Y(current capacity 90,000 MT\/Y, total 140,000 MT\/Y after completion)<\/td><\/tr> |
| Schedule<\/td> | Mechanical completion – January 2027<\/td><\/tr> |
| Commercial operation – July 2027<\/td><\/tr> | |
| Location<\/td> | Existing plant site of NSI<\/td><\/tr> |
| Investment amount<\/td> | Approx. 110 million US dollars<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n3.Corporate outline of NSI<\/strong> <\/h4>\n\n\n\n |