Kuraray Co., a manufacturer of synthetic fiber and chemicals, said Wednesday it will invest 8.5 billion yen to boost production in Belgium of EVOH resin, a plastic used to make containers for food products such as mayonnaise and ketchup.
The company said it has begun construction work to increase annual output at its Eval Europe N.V. plant in Antwerp to 24,000 tons from the current 12,000 tons. Kuraray distributes the resin under the Eval trademark.
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