September 30, 2016 8:45 PM ET

Chemicals

Company Overview of Polyplastics Co., Ltd.

Company Overview

Polyplastics Co., Ltd. manufactures and sells various types of engineering plastics and polymers. Its products include acetal copolymer, polybutylene terephthalate, fiberglass reinforced polyethylene terephthalate, liquid crystal polymer, polyphenylene sulfide, and cyclic olefin copolymer. The company, through its subsidiaries, provides sales, marketing, application development, and technical assistance. Its products are used in various application in industries, such as water usage, automotive, electronic equipment, household appliance, and other industries in Japan, the United States, Mexico, Europe, Korea, and internationally. The company was founded in 1962 and is based in Tokyo, Japan w...

JR Shinagawa East Building

18-1, Konan 2-chome

Minato-ku

Tokyo,  108-8280

Japan

Founded in 1962

Phone:

81 3 6711 8600

Fax:

81 3 6711 8606

Key Executives for Polyplastics Co., Ltd.

Chief Executive Officer, President and Representative Director
Managing Executive Officer and General Manager of Sales & Marketing Division
Executive Officer, Deputy General Manager of Global Sales and Marketing Div and Chief of Japan Sales Headquarters
Executive Officer, General Manager of Global Human Resources Div, Chief of Global Human Resources Dept and General Manager of Corporate Support Div
Managing Executive Officer, General Manager of Global Supply Div, Chief of Global Production Center, Chairman of PTM Holdings, Inc., Chairman of PTM Engineering Plastics (Nantong)Co.,Ltd and Chairman of Polyplastics (Nantong) Ltd
Compensation as of Fiscal Year 2016.

Polyplastics Co., Ltd. Key Developments

Polyplastics Co., Ltd. to Expand Plant in Malaysia for Greater Global Sales of POM and PPS Resin

Polyplastics Co., Ltd. announced its decision to expand its engineering plastics compound plant in Malaysia operated by Polyplastics Asia Pacific Sdn. Bhd. (PAP). The expansion plan calls for additional production capacity of 9,000 tons per year at the plant in Kuantan, Pahang State. When expansion is completed, the plant will have a yearly production capacity of 35,000 tons. The additional lines will produce POM "DURACON(R)" and PPS "DURAFIDE(R)" compounds. The expanded facility is scheduled for completion at the end of 2016 and commencement of commercial operation in June 2017. It is anticipated that as Japanese companies continue to be transplanted in the Asia-Pacific region, demand for compound products in the region will rise. Polyplastics will use to advantage the excellent location of the Kuantan Plant, where distribution costs can be contained and tariffs on Japanese imports are eliminated, to strengthen cost competitiveness. The increase in compound production capacity will not only benefit customers in the Asia-Pacific region but also strengthen the supply system to be better able to respond to growing demand in the European and American markets as well.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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