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Article: ISE CHEMICALS BOOSTING PRODUCTION CAPACITY FOR IODINE IN U.S.
- Article from:
- AsiaPulse News
- Article date:
- February 27, 2009
CopyrightCOPYRIGHT 2009 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)
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TOKYO, Feb 27 Asia Pulse - Ise Chemicals Corp. (TSE:4107) is taking steps to increase its production capacity for iodine in the U.S., even as it idles a new factory in Japan because of a decline in domestic demand.
In Japan, the iodine sold by Ise Chemicals is used mainly for LCD televisions, so the sudden drop in demand for flat-panel TVs has pulled the rug out from under a new factory that just started up in July.
But in the U.S., the iodine made by subsidiary Woodward Iodine Corp. is sold for X-ray contrast media, agrichemical intermediates and feed for dairy cows, and demand, especially for X-ray contrast media, is expected to grow.
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