GE, Shin-Etsu Chemical Plan Silicones Plant In Thailand

Jan. 13, 2005
Compiled By Deborah Austin General Electric Co. and Shin-Etsu Chemical Co. Ltd. plan a jointly owned plant in Thailand to manufacture silane-monomers and siloxanes, used in production of silicone end-products. The joint venture company -- Asia ...
Compiled ByDeborah Austin General Electric Co. and Shin-Etsu Chemical Co. Ltd. plan a jointly owned plant in Thailand to manufacture silane-monomers and siloxanes, used in production of silicone end-products. The joint venture company -- Asia Silicones Monomer Ltd. -- is owned 50% by Shin-Etsu and 50% by GE-and-Toshiba business partnership GE Toshiba Silicones. The $250 million plant, which will be located near Bangkok, should be operational by 2003 with construction starting this year. It is supported and approved by the Thailand Board of Investment. With initial 70,000-ton siloxane capacity, the plant's output will be directed to each joint-venture-shareholders' Pacific silicones operations. Thailand's political and social stability, transportation access, and natural gas availability contributed to the site choice, say company spokespersons. Waterford, N.Y.-headquartered silicone products manufacturer GE Silicones, a $1.4 billion operating division of General Electric-owned GE Plastics, has operations in 13 Asian countries. Tokyo-based $6.4 billion Shin-Etsu Chemical Co. Ltd. is a major supplier in the PVC and silicones industries, among others.

Popular Sponsored Recommendations

Electric Vehicles Spark New Opportunities in the Automotive Industry

Dec. 4, 2023
Automakers have increased plans to produce Electric Vehicles to meet customer demand for low emissions. With this radical shift, new opportunities and challenges for the auto ...

Top 3 Ways AI is Transforming Manufacturing Operations

Feb. 17, 2024
Unlock the power of Industry 4.0 with AI and IoT. Explore how real-time data and automation are reshaping manufacturing, driving efficiency and quality to new heights. Dive into...

How to Build a Predictive Maintenance Program: Lessons Learned from LSB Industries’ Success

Dec. 21, 2023
Register today and join this webinar to gain insight on best practices for setting up a predictive maintenance program from industry experts.

Onsite Wind Generation Guide for C&I

Jan. 22, 2024
This document offers insights into using onsite wind power for businesses, covering feasibility, project development, technology selection, and benefits of renewable energy.

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!