TOKYO--(BUSINESS WIRE)--Kuraray Co., Ltd (TOKYO:3405)(ISIN:JP3269600007) held an opening ceremony in Sao Paulo, Brazil on July 12, 2011 to mark the start of its local Brazilian subsidiary, Kuraray South America established in 2010. The new subsidiary will serve as a base to undertake sales and market development of Kuraray Group products in South America, reflecting the importance of accelerating global strategies for Kuraray's core businesses.
"Brazil and the rest of South America have enjoyed remarkable growth, making the region an indispensable aspect of Kuraray's global strategy. In particular, amid forecasts that Brazil will continue to experience significant economic growth, I am certain that Kuraray Group technologies and products will make a major contribution to Brazil's development." Said Fumio Ito, President of Kuraray during the ceremony.
Kuraray will fully utilize Kuraray South America as a base for marketing Group products with the aim of further promoting the development of the South American market, which displays considerable growth potential.
| Overview of Kuraray South America | ||
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Company |
Kuraray South America Representações Ltda. | |
| Capital | 3.5 million reais (Kuraray 100%) | |
| Representative | Akihiro Hoashi | |
| Address |
Al. Campinas, 977, 5O andar, sala 51 - CEP 0140-4001
–Jd. Paulista, - São |
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Principal |
Market development and sales promotion of Kuraray Group products in |
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Number of |
3 | |
About Kuraray
With proprietary technology in polymer chemistry and synthetic chemistry, Kuraray has been developing chemicals and resins, fibers and textiles, high-performance materials, medical products and others. Kuraray has subsidiaries in 16 countries and regions outside Japan.