Shin-Etsu Polymer India Pvt. Ltd., the Indian subsidiary of Shin-Etsu Polymer Co. Ltd. (TYO:7970), has recently opened a branch in the greater Delhi area. The new arm, headed by I. Balasubramanion, commenced operations as Shin-Etsu Polymer India Delhi Branch on Feb. 1. Shin-Etsu Polymer India was established in October 2007 in the city of Chennai, Tamil Nadu, India, as a...
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Sumitomo Riko Co. Ltd. (TYO:5191) will need to boost production in the U.S. if renegotiation of the North American Free Trade Agreement (NAFTA) following President Trump’s inauguration results in high tariffs, said Chairman and CEO Yoshiaki Nishimura. Speaking at a recent media gathering, Nishimura stated that the company will monitor developments involving NAFTA, tailoring investment and employment plans accordingly and...
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Dow Chemical Japan Ltd., the Japanese subsidiary of U.S. chemical company The Dow Chemical Co., on Jan. 18 donated four solar-powered LED street lights to the city of Soma in Fukushima Prefecture. Two of the donated lights were installed at Nakamura Dai-ichi Elementary School and two were installed at Nakamura Dai-ni Elementary School in Soma. Peter Jennings, president of Dow...
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Zeon Corp. (TYO:4205) will build a new facility for hydrogenation of Quintone petroleum resin with proprietary technology at its Mizushima Plant, Okayama Prefecture. Construction is set to commence this month, with operations scheduled for July. The company is making a capital investment of 1.2 billion yen ($10.46 million) into the plant, which has an annual Quintone production capacity of 40,000...
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Kuraray Co. Ltd. (TYO:3405) has announced that it will raise the prices of its TU-Polymer and hydrogenated styrene elastomers Septon and Hybrar by 25 cents per kilogram worldwide effective for shipments from Feb. 1, 2017. Regarding this price increase, Kuraray said that market conditions for major raw materials continue to rise dramatically and manufacturing costs – including utility costs –...
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Tosoh Corp. (TYO:4042) has announced plans to expand production capacity of polyvinyl chloride (PVC) at local affiliate Philippine Resins Industries Inc. (PRII). Tosoh will be investing approximating 4.2 billion yen ($37.05 million) to take annual production capacity from its current level of 100,000 tons up to 210,000 tons. Construction is slated to start in February this year and conclude in...
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