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| October 3, 2016 |
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Mitsubishi Chemical to Establish its Performance Polymer Business Network in Vietnam
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Mitsubishi Chemical Corporation
Mitsubishi Chemical Corporation (MCC; Head Office: Chiyoda-ku, Tokyo; President: Hiroaki Ishizuka) today announced the establishment of its new performance polymer business network in Vietnam. ADVANCED PLASTICS COMPOUNDS SINGAPORE PTE LTD., MCC's wholly owned subsidiary, will open the APCO SINGAPORE HCMC OFFICE at the beginning of October, with an eye toward accelerating sales in Vietnam and surrounding countries that are showing significant growth in the industrial material industry.
While serving existing Vietnamese customers, the APCO SINGAPORE HCMC OFFICE will engage in new locally rooted marketing in Vietnam, where demand for construction and industrial materials is expanding, fueled by high economic growth and an emerging middle class. It will also focus on marketing efforts in Southeast Asia, where it will draw upon the geographic advantage of being located in the contiguous area. With the establishment of the APCO SINGAPORE HCMC OFFICE, MCC now has 24 performance polymer business bases in 15 countries.
Outline of the new office:
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Office name: APCO SINGAPORE HCMC OFFICE
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Location: Ho Chi Minh City, Socialist Republic of Vietnam
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Establishment: Beginning of October 2016 (scheduled)
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Business line: Marketing for PVC compounds and thermoplastic elastomers
For further information, please contact:
Public Relations and Investor Relations Office
Mitsubishi Chemical Holdings Corporation
Tel: [+81] (0)3-6748-7140
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