May. 20, 2010
Singaporean Subsidiary Kuraray Asia Pacific Pte. Ltd. Expands Sales Office A hub in the rapidly growing Asia-Pacific region assisting the Kuraray Group in accelerating global expansion
Kuraray Co., Ltd. today announces that Kuraray Asia Pacific Pte. Ltd.-a Kuraray subsidiary in Singapore functioning as an Asia-Pacific hub to oversee the Kuraray Group's regional activities-has expanded its sales office to strengthen business functions.
Profile of Kuraray Asia Pacific Pte. Ltd.
- Kuraray Asia Pacific was established in July 2008 through the integration of POVAL ASIA PTE LTD., a manufacturer of polyvinyl alcohol (PVA) resin (brand name: KURARAY POVAL), and Kuraray Specialities Asia Pte., Ltd., a PVA resin sales and marketing company.
- In addition to its PVA resin manufacturing and sales functions, Kuraray Asia Pacific has expanded its sales function for polyvinyl butyral (PVB) resin; EVAL gas barrier resin; SEPTON thermoplastic elastomer; KURALON synthetic fiber (used in many industrial applications, including as an asbestos alternative); and VECTRAN high-strength polyarylate fiber.
- Kuraray Asia Pacific is currently serving as a hub to oversee the Kuraray Group's activities in the Asia-Pacific region.
Background of Office Expansion
- Kuraray aims to expand its vinyl acetate business in the rapidly growing Asia-Pacific region. (In addition to its established PVA resin business in the region, Kuraray has put in place expatriate employees dedicated to EVAL sales activities.)
- Kuraray is promoting the development of its water treatment business in Singapore-a country that is becoming a center for the accumulation and dissemination of information relating to this business-through such means as the dispatch of expatriates.
- Kuraray Asia Pacific is planning to develop the PVB film business and business for other products that it has not yet handled.
Overview of Sales Office
- The office is located on the 18th floor of Odeon Towers in a city area of Singapore.
- Kuraray Asia Pacific began operation in the expanded sales office in April 2010.
Floor area before extension: Approx. 1,800 square feet
Floor area after extension: Approx. 3,000 square feet
Company name | Kuraray Asia Pacific Pte. Ltd. | ||||
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Capital | US$27,775,000 (Kuraray 100%) | ||||
President | Shinzo Takemura | ||||
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Businesses | Production of PVA resin Sale of PVA resin and other Kuraray Group products in the Asia Pacific Region | ||||
Production facilities | PVA resin production facilities: 40,000 tons/year | ||||
Employees | 77 |
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