Asahi Kasei Chemicals held an opening ceremony on Feb. 12, at Asahi Kasei Plastics Mexico S.A. de C.V., a subsidiary for the sale and technical support of performance plastic compounds. The facility is owned through its United States subsidiary, Asahi Kasei Plastics North America Inc. (APNA).
The ceremony was attended by some 70 people, including government officials, customers and other related parties from Mexico, the United States and Japan.
Addressing the Need for Plastic Compounds
The company says continued demand growth for plastic compounds is forecasted in Mexico, where United States, European and Japanese automotive manufacturers are increasing their presence. To meet this growing demand, Asahi Kasei established the new subsidiary in Mexico in June 2015 and began providing sales and technical support in September 2015.
Asahi Kasei Chemicals says it is focused on strategic global growth in the field of plastic compounding operations. The company has compounding facilities and sales offices in Japan, China, ASEAN countries, North America and Europe, and continues to reinforce its global network to swiftly respond to customer needs. The expansion in Mexico enables an increased market share to be gained in the growing Mexican market for plastic compounds with marketing and technical service clearly focused on the needs of customers in Mexico. In addition, Asahi Kasei Chemicals will continue to study the possibility of local manufacturing of plastic compounds in Mexico.
