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
Companies & Associations

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

Top suppliers of engineering polymers

March 31, 2015 12:16 pm ET

   More

Image

Polymer Additives, Lubrizol expansions win tax incentives

March 31, 2015 10:22 am ET

Proposed expansions by Polymer Additives Inc. in Cuyahoga County, Ohio, and Lubrizol Corp. in Lake County, Ohio, were among 12 projects statewide...    More

Image

BPF warns of materials shortages

March 31, 2015 10:11 am ET

The British Plastics Federation (BPF) has warned the whole plastics supply chain that plastics processors are currently facing shortages of certain...    More

Image

Alpek pulls out of Russian PET/PTA JV

March 31, 2015 9:43 am ET

A joint venture scheme to construct a major integrated PET and purified terephthalic acid (PTA) plant in Russia has collapsed after one venture partne...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion 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

Upcoming Plastics News Events

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

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

More Events