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WORLD'S BIGGEST LIQUID CRYSTAL MAKER TO BOOST SUPPLIES TO ASIA.

AsiaPulse News

| June 01, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, June 1 Asia Pulse - Merck KGaA, the world's biggest liquid crystal manufacturer, plans to invest 30 million euros (US$36.61 million) in Asia to meet the burgeoning liquid crystal demand in the region, industry sources said today.

In a press conference held on May 24 in Tokyo, the German company announced that it would spend the money to expand liquid crystal mixture plants in South Korea and Japan and to build a new mixing plant in Taiwan, the sources said.

In addition, it will spend another 250 million euros to open a new manufacturing plant in Germany that will triple its current liquid crystal capacity.

The planned investments are the result of a ...

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Source: HighBeam Research, WORLD'S BIGGEST LIQUID CRYSTAL MAKER TO BOOST SUPPLIES TO ASIA.

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