Shin-Etsu to invest €850m in silicones business

Tokyo – Japanese materials supplier Shin-Etsu Chemical has announced plans to invest ¥110 billion (€854 million) in the next two-and-a-half years in its silicones operations, a core business of the company.

As part of the commitment, the Tokyo-based company will expand production capacity for silicone monomer – the intermediate product of silicones – and various types of silicone fluids, resins and rubber end products at the company’s main bases in Japan and globally.

“We are receiving a wide variety of requests for our silicone products from many…

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