Toray Sets Up New 75 KTPA ABS Plant in Malaysia
- 18-Aug-2021 10:42 AM
- Journalist: Jaideep kumar
Toray group announced on Tuesday that the group had raised the production capacity of its renowned TOYOLAC Acrylonitrile Butadiene Styrene (ABS) by setting up a new production facility in Prai Industrial Park, Penang, Malaysia.
The new plant in Malaysia has increased the Toray’s production capacity of ABS by 75,000 tonnes per year to 4,97,000 tonnes per year.
The TOYOLAC product has diverse range of ABS products including transparent grades which offers anti-static, scratch and chemical resistance properties.
In order to boost its sales in the key Chinese and Southeast Asia markets and in anticipation of the rising demand from Europe, US and India, Toray is looking forward towards raising its ABS production capacity further at Toray Plastics Malaysia.
Acrylonitrile Butadiene Styrene (ABS) is a thermoplastic copolymer containing Styrene, Butadiene, and Acrylonitrile. Products manufactured from ABS resin have properties such as colourability, dimensional stability, toughness, and temperature and scratch resistance.
ABS has several end use industries including automotive, construction, electronics, consumer goods and appliances. The demand of ABS is rising globally due to the rising demand of automotive industry as ABS is used in every area of automobile. The demand is also set to rise due to growth in the demand of other end use industries including construction and electronics etc.