Sumitomo Chemical to open sales office in India

By Satnam Singh
Correspondent

Published: November 7, 2012 6:00 am ET

Related to this story

Topics Materials, Suppliers

MUMBAI, INDIA (Nov. 7, 2:30 p.m. ET) — Sumitomo Chemical Asia Pte. Ltd. of Singapore may establish a base in India.

“We are looking to set up [a sales] office in the southern part of India, most likely in Bangalore, in the next couple of years,” Hitaka Noriharu, general manager of research and technology for the company, said Nov. 1 at the Automotive Plastics conference in Mumbai.

“Some of the major global automakers have already set up their plants in the southern auto hub of Chennai with large vendor bases,” he said.

Currently, Sumitomo’s clientele is largely confined to Japanese OEMs and parts makers.

“With a sales office in India, we could widen our client base,” he said.

Sumitomo Chemical supplies 6.6 million pounds of PP annually to the Indian market through plants in Singapore and Thailand, said Hitaka, who heads Sumitomo’s polypropylene division.

“The way the auto industry is growing and establishing in various auto hubs in India, demand for PP would surge further in the years to come.”

The company has experienced consistent growth in its business in India in the past few years, he added.


Comments

Sumitomo Chemical to open sales office in India

By Satnam Singh
Correspondent

Published: November 7, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

A. Schulman reports growth in sales and profit

October 22, 2014 7:58 pm ET

Executives with materials maker A. Schulman Inc. have to be smiling after seeing full results for the firm's 2014 fiscal year.    More

Image

PolyOne takes on LED lighting

October 22, 2014 4:23 pm ET

PolyOne Corp. is making inroads into LED lighting applications with its Therma-Tech-brand material technology.    More

Image

Sales, orders climbing for Wittmann Battenfeld

October 22, 2014 4:04 pm ET

Equipment maker Wittmann Battenfeld GmbH expects sales this year to increase 7 percent, to 295 million euros, as it said some key markets, including...    More

Image

Bergen International adds manufacturing space, extrusion line

October 22, 2014 3:42 pm ET

Chemical foaming agent manufacturer Bergen International LLC recently doubled its manufacturing capacity, added an extrusion line and laboratory...    More

Image

DuPont materials taking more ground in auto, medical, electronics

October 22, 2014 2:41 pm ET

Materials made by DuPont Co. are making inroads with products ranging from auto coolant pipes to circuit breakers to surgical devices.    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events