14 July 2011 23:57 [Source: ICIS news]
PORTO ALEGRE, Brazil (ICIS)--Japan-based Kuraray opened its office in Sao Paulo, Brazil, as part of its strategy to increase sales in South America, a company representative said on Thursday.
Kuraray South America Representacoes, which started its operations on 12 July in Sao Paulo, will serve as a base to undertake sales and market development of Kuraray Group products in South America.
With capital of reais (R) 3.5m ($2.2m, €1.6m), it will focus on food packaging, fuel tank, laminated glass and paper adhesive, said Akihiro Hoashi, Kuraray's representative in Brazil.
He said the company's sales have increased greatly within the last 10 years in Brazil.
Kurary products include polyvinyl butyral (PVB), ethylene vinyl acetate (EVA), polyvinyl alcohol (PVOH) and thermoplastic elastomers (TPE).
($1 = R1.57, $1 = €0.71)
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