Chi Mei replies 5 billion NT dollars to expand production of cross-strait LED materials factory

[High-tech LED News] Recently, Taiwan's panel maker Chi Mei Electronics announced that it will spend nearly RMB 5 billion to build a set of 80,000 metric tons of methyl methacrylate (PMMA) in Tainan and mainland China. plant.

After the full production at the end of 2011, the total annual production capacity of Chi Mei PMMA can grow from 270,000 metric tons to 385,000 metric tons, making it the world's largest production plant.

PMMA (polymethacrylate), acrylic resin, is an excellent transparent material that can be used in processing such as casting and injection molding. Mainly used in the field of LCD flat panel TV, LED, ion screen technology. In 2011, the demand for TV will be 30 million units. Chi Mei expects that Continental TV will grow by 5% to 8.7% in the future, which will drive the growth of PMMA demand.

In addition, in Taiwan, Evonik Forhouse Optical Polymers, a joint venture between Evonik Industries and AU Optoelectronics, has recently expanded its production capacity to build a new PMMA capacity of 85,000 metric tons. South Korea's Dashan and Japan's Mitsubishi also have capacity expansion activities.

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