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Polyplastics expands business in North America

October 23/2013

MOSCOW (MRC) -- Polyplastics Co., Ltd. has announced the launch of a wholly owned sales subsidiary in Mexico City, Mexico, according to the company's press release.

The subsidiary commenced business on October 1.
 
The new company was created to expand the reach of Polyplastics' sales in the North American market, focusing on the local sales and development needs of existing and new Japanese-affiliated customer companies in this quickly developing region.

In addition, Polyplastics USA, Inc. is expanding its warehouse network, local inventory and order fulfillment functions in North America to quickly and efficiently process orders for our existing and new customers in the region. Its broad product offering includes DURACON(R) POM, DURANEX(R) PBT and DURAFIDE(R) PPS accompanied by our technical solutions network to the market.

As MRC reported earlier, last year Polyplastics Co., Ltd. completed the acquisition of 100% ownership of LCP Leuna Carboxylation Plant GmbH, a German supplier of p-HBA (p-hydroxybenzoate, a key monomer for liquid crystal polymer), from Infatrade (UK) Ltd., London. The liquid crystal polymer is one of the super engineering plastics and has excellent properties such as heat resistance, dimensional stability, flowability and moldability. In recent years, LCP is mainly applied to key electronic parts of cutting-edge IT devices such as smart phones and tablet computers.

Polyplastics is a joint venture between Tokyo-headquartered Daicel and engineering plastics firm Ticona. The company produces polyoxymethylene (POM), polybutylene terephthalate (PBT), fiberglass reinforced polyethylene terephthalate (GF-PET), liquid crystal polymers (LCP), polyphenylene sulphide (PPS) and transparent resin cyclic olefin copolymer (COC).


mrcplast.com
Author:Margaret Volkova
Tags:soft compounds, copolymer, adhesives, electrical goods, Mexico.
Category:General News
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