TOKYO -- AGC joins a list of Japanese materials groups investing heavily in Southeast Asian production, emboldened by Chinese rivals' struggle to meet Beijing's stricter environmental regulations.
The company formerly known as Asahi Glass plans to invest about 100 billion yen ($889 million) to increase regional output of caustic soda -- an important industrial chemical -- and polyvinyl chloride, or PVC, used to make pipes and building materials increasingly in demand for infrastructure.
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