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October 2016 - Completed construction of a new polyurethane system plant jointly established by SKC and Mitsui Chemicals Korea

 Last Update: 2022-11-11
 Source: Internet
 Author: User

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Mitsui Chemicals and SKC Polyurethane Co.
, Ltd
.
(MCNS), a joint venture between SKC of South Korea and Mitsui
Chemicals of Japan, announced the completion of
a new polyurethane system plant in Mexico.
The new plant is expected to expand MCNS' market share in Central and South America
.

The new plant is located in Monterrey, the capital of Nuevo León in northeastern Mexico, and will mainly customize the production of polyurethane system materials, with an annual output of 20,000 tons
.
As a result, MCNS' production capacity increased to 720,000 tons
.

MCNS co-CEO Won Ki-don said the new Mexico plant will open the way for the company to enter the Central and South American markets, and MCNS aims to become a global polyurethane producer with $1.
75 billion in sales
by 2020.

MCNS, a 50% joint venture between South Korea's SKC and Mitsui Chemicals, officially opened in July 2015 and generated sales of USD 1.
5 billion
that year.

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