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

Oxford Polymers adds compounding capacity

January 30, 2015 1:16 pm ET

Materials maker Oxford Polymers has increased its compounding capacity by installing a new single-screw extrusion line.    More

Image

Marval's next generation expands capacity

January 30, 2015 1:27 pm ET

MAMARONECK, N.Y. — There’s a lot of history at Marval Industries Inc., but the 59-year-old compounding firm also is looking toward the...    More

Image

Yizumi's stock price shoots up

January 30, 2015 11:56 am ET

Chinese injection press maker Guangdong Yizumi Precision Machinery Co. Ltd. has seen its stock price more than double in the first five trading days...    More

Image

Lubrizol buys Brazil-based coatings technology manufacturer

January 30, 2015 11:50 am ET

Specialty chemicals company Lubrizol Corp. of Wickliffe, Ohio, said it has acquired a Brazilian company that makes coatings technology for products...    More

Image

China to lead the way on robots

January 30, 2015 11:12 am ET

More industrial robots will be operating in China’s production plants than in the European Union or North America by 2017.    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

Learn more

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

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

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