Polyplastics opens sales office in Mexico City

Published: October 29, 2013 2:35 pm ET
Updated: October 29, 2013 2:37 pm ET

Related to this story

Topics Materials, Mexico, Materials Suppliers

MEXICO CITY — Japanese engineering plastics manufacturer Polyplastics Co. Ltd. has opened a second sales subsidiary in North America, this time in the Mexican capital.

Polyplastics Marketing Mexico SA de CV commenced business on Oct. 1, 14 months after PPC launched Polyplastics USA Inc. in Farmington Hills, Mich.

“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,” PPC said in a statement posted on its website October 15.

The Tokyo-based company also said Polyplastics USA 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.”

PPC was founded in 1962 as a joint venture between Japan’s Daicel Chemical Industries Ltd and the Celanese Corp. Daicel’s stake is 55 percent while Ticona, a Celanese subsidiary, owns 45 percent.

PPC also has sales operations across Asia and reported net income of $47.6 million dollars in its 2012 (January-December) financial year.

 


Comments

Polyplastics opens sales office in Mexico City

Published: October 29, 2013 2:35 pm ET
Updated: October 29, 2013 2:37 pm ET

Post Your Comments


Back to story


More stories

Image

Ferro sells another piece of its plastics business

December 19, 2014 3:33 pm ET

Ferro Corp. has sold its North American polymer additives business to a private equity firm for $154 million in cash.    More

Image

Antimicrobial polymers firm TiFiber launching pilot production in Ark.

December 19, 2014 10:58 am ET

TiFiber Inc., which makes synthetic compounds to control dangerous microorganisms, will locate a pilot production facility and its future company...    More

Image

Patel named LyondellBasell CEO

December 19, 2014 9:56 am ET

Bhavesh V. “Bob” Patel has been named CEO of Houston-based polyolefins producer LyondellBasell Industries NV, effective Jan. 12.    More

Image

Momentive to get a new name in January

December 19, 2014 9:45 am ET

Momentive Specialty Chemicals Inc. will change its name to Hexion Inc., effective Jan. 15.    More

Image

Thailand's SCG Chemicals buying Norwegian chemical firm Norner

December 19, 2014 9:11 am ET

Thailand's SCG Chemicals Co. Ltd. has announced it has acquired 51 percent of the shares in the independent petrochemical company Norner Holding AS fr...    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

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

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events