Business Services Industry
Mitsubishi Plastics Forms Hong Kong Unit to Sell Electronics Materials.
Knight Ridder/Tribune Business News, September, 2003
Kyodo News International, Tokyo Knight Ridder/Tribune Business News
Sep. 22--TOKYO--Mitsubishi Plastics Inc. said Monday it has set up a wholly owned subsidiary in Hong Kong to sell flame-retardant insulated film and other materials for electric and electronic parts in Asia.
Capitalized at HK$650,000, MP International (Hong Kong) Ltd. will go into full operation Oct. 1 with the aim of expanding sales of materials for electric and electronics parts in China and other markets in Asia, the leading Japanese plastics maker said.
Sales are targeted at some 700 million yen in 2004 and about 1 billion yen in 2005, the company said in a release.
To see more of Kyodo News International, go to http://www.kyodonews.com
(c) 2003,...
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