FURUYA Metals to Invest in Tsuchiura Plant

FURUYA Metals announced that it will invest in the Tsuchiura Plant to expand refining capacity.

FURUYA Metal's Tsuchiura Plant has a production line for the refining and recovery of high purity niobium targets (film materials) and catalysts, which can be highly purified in a short period of time.

The purpose of this expansion of production capacity investment is to cope with the increasing demand of high-purity germanium targets for hard disk (HD) in domestic and foreign markets. The scale of investment is 1.6 billion yen, of which the first investment is at the end of December 2018. The company plans to invest 600 million yen for the target project, so that the capacity for refining and recovery of niobium will be increased from the current 2.4 tons/month to 3.5 tons/month, and it will strive to increase about 1 ton per month, thereby realizing an annual production capacity of 12 tons.

Since then, the second investment will implement the remaining 1 billion yen investment by December 2019, and will improve the system to cope with the growing market demand for chemicals such as targets and catalysts. It will be further enhanced through two successive batches of investment. With the refining and recovery capabilities, we are striving to increase the monthly production capacity to 5 tons. According to this, the production capacity is increased by approximately 2 times compared to the existing production capacity, achieving an annual refining capacity of 60 tons.

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