Mitsui will set up a synthetic resin sales enterprise in Shanghai.
Japan Mitsui will set up a trading company engaged in the sales of synthetic resin in Shanghai this month to meet the demand of the automobile and home appliance industries for this product
the new company, named Mitsui plastic trading company, is a wholly-owned enterprise with a registered capital of 300000 US dollars. This is the first professional sales company of resin experiment machine for material experiment established by Mitsui products in Chinese Mainland. The company had previously established the same trading company in Hong Kong, China(5) In addition to selling resin raw materials for automobiles and household appliances to local Japanese enterprises, the new company will actively expand its sales in Chinese Mainland and strive to achieve an annual sales volume of 12million US dollars in 2006
in order to meet the demand of the Chinese Mainland market for synthetic resin, the company will also increase the production of resin raw materials. It plans to add a new production line in the factory in Shanghai next spring, increasing the annual output from the current 15000 tons to 20000 tons
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