Ube Industries to set up polycarbonate diol facility in Thailand.

Ube Fine Chemicals (Asia) Co Ltd., the Thai subsidiary of Japan-based Ube Industries Ltd., will set up a production facility for polycarbonate diol (PCD) to meet rising global demand. The new facility is designed to manufacture 3,000 tonnes of PCD annually and is scheduled to start production in October 2015.

The completion of the new production facility in Thailand will bring the UBE Group's annual production capacity up to 11,000 tonnes, including 2,000 tonnes in Japan, 6,000 tonnes in Spain, and the 3,000 tonnes in Thailand. With the addition of the new facility, the UBE Group will strengthen its global supply network as the largest manufacturer of polycarbonate diol in the world.

BS