TOKYO, Apr 30 (Pulse News Wire) – FP Corporation (7947.T) announced today that its board of directors decided to construct a new factory and distribution center in Ibaraki Prefecture to expand production capacity for its advanced OPP sheet product, OPTENA, and enhance supply stability in the Greater Tokyo area. The new facility, located in Sakurado City, will cover approximately 51819.61 square meters with a floor space of 83103.51 square meters.
It includes a manufacturing plant and a distribution center, with construction scheduled to begin in May 2026 and completion expected by September 2028. Total investment is estimated at around ¥58.00 billion.
The project aims to support the growing demand for eco-friendly products and ensure stable supplies of OPTENA and related materials across various industries, particularly in automotive applications. Additionally, the new distribution center will improve logistics efficiency and emergency backup capabilities within the Greater Tokyo region.
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