On July 27th, Shin-Etsu Chemical announced that it would make Yen 100 billion investment in its silicones portfolio, one of the core parts of its Functional Materials business segment. Under Shin-Etsu’s newly announced silicones investment plan, in addition to implementing investments for the main silicones production hub in Japan, the Gunma Complex in Gunma Prefecture, Shin-Etsu Chemical will also make new investments in the Naoetsu Plant in Niigata Prefecture, Takefu Plant in Fukui Prefecture and its Group plant in Thailand, where silicone monomer and polymer production is carried out. The company will also invest further in its existing silicone plants in other Asian countries, the United States and Hungary. At the same time, Shin-Etsu Chemical will accelerate efforts to become carbon neutral by proactively moving forward with greener manufacturing processes.