Tosoh Corporation plans to increase production capacity of hexamethylene diisocyanate (HDI) derivatives at its Yamaguchi plant in Japan
Tosoh Corporation is going to boost HDI derivatives production capacity at Nanyo Plant in Shunan, Yamaguchi Prefecture, Japan. The company sells HDI derivatives under its Coronate brand.
HDI derivatives are advanced functional polyurethanes that have found numerous applications, especially as coatings curing agents. They are an integral product of the specialty business profile that the company possesses. They are prized in the industry due to their excellent resistance to yellowing and weathering, so they boast high-performance status as curing agents for automotive and architectural exterior coatings.
Tosoh is increasing production capacity for HDI derivatives to match strong growth in the coatings market, driven in recent years by stable demand from developed economies, increased demand from emerging markets due to the increasing rate of motorization, and infrastructure investment entirely informing global demand. Industry forecasts indicate that global demand for HDI derivatives is on the increase.
Therefore, increasing the production capacity of HDI derivative products will be a strategic move from Toshohs' side to meet the growing demand and stabilize their supply. The company intends to substantially enlarge the scale of its HDI derivative business. This move would be a move towards improved corporate profitability. Meanwhile, Tosoh Corporation wants to meet the changing needs of customers and thereby contribute to technical advancement in coatings for various industries.