15 October 2013 20:52 [Source: ICIS news]
MEDELLIN, Colombia (ICIS)--Japanese engineering plastics producer Polyplastics has established a wholly owned sales subsidiary in Mexico City, the company said on Tuesday.
Polyplastics Marketing Mexico, which began operations on 1 October, will import and sell engineering plastics, the company said in a statement.
“The new company was created to expand the reach of Polyplastics’s 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,” Polyplastics said.
The company also announced that Polyplastics USA is expanding its warehouse network, local inventory and order fulfilment functions in North America.
Polyplastics is a joint venture between Tokyo-headquartered Daicel and engineering plastics firm Ticona.
Polyplastics produces polyoxymethylene (POM), polybutylene terephthalate (PBT), fiberglass reinforced polyethylene terephthalate (GF-PET), liquid crystal polymers (LCP), polyphenylene sulphide (PPS) and transparent resin cyclic olefin copolymer (COC).
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