Crude futures dive nearly 3% as polls show Trump edging out Clinton

NIPPON SHOKUBAI EUROPE N.V. held a groundbreaking ceremony for new Superabsorbent Polymer (“SAP”) plant and Acrylic Acid (“AA”) plant in its plant site in Antwerp, Belgium on November 10th, 2015.

Since SAP, one of Nippon Shokubai’s core businesses, shows steady growth of demand as a key material of disposable diapers, Nippon Shokubai decided the expansion of SAP and its main raw material, AA, as announced in May this year.

In Europe, Nippon Shokubai expects the steady demand of SAP especially in Central and Eastern Europe. Nippon Shokubai will ensure more stable supply after the investment of not only SAP but also its main raw material, AA.

With this new plant at NSE, Nippon Shokubai group’s global SAP production capacity will be 710,000 metric tons per year (“T/Y”) and Nippon Shokubai will enhance its position as one of the world top suppliers of SAP.