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October 6, 2011
SEKISUI CHEMICAL CO., LTD.
The Establishment of a Sales Company in Indonesia
High Performance Plastics Company (President: Takayoshi Matsunaga) of SEKISUI CHEMICAL CO., LTD (President: Naofumi Negishi, hereinafter Sekisui Chemical) has established PT Sekisui Indonesia on September 23 for sales, import and export of Sekisui Chemical Group products to capture the growing demand in the ASEAN region including Indonesia.
The Background of the Establishment of the New Company
Considering that the overseas businesses are the potential growth areas, the Sekisui Chemical Group's 5 year Midterm Management Plan GS21-SHINKA! with FY2013 as the final year, is focused on our positioning and overseas business expansion. In FY2010, the consolidated sales for our overseas businesses were more than 180 billion yen and we are aiming for 300 billion yen in FY2013. Until now, we have established sales companies in Singapore in 1991 and Thailand in 2010, and we are aiming to capture the demand in the still growing Southeast Asia region. Indonesia has the 4th largest population in the world, and because it is continuing to grow centered on domestic demand, it is a good prospect for our future market expansion.
Outline of the Established Company
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