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Sumitomo Chemical will build a third methyl methacrylate (MMA) line in Singapore at a reported cost of $185 million. The company expects the unit, with annual capacity of 90,000 metric tons, to open in 2008. Sumitomo will also build a 50,000-metric-ton MMA polymerization plant. Sumitomo says demand for the materials is growing 7% annually in Asia, primarily for use in electronic devices, cars, and home appliances. |
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