TOKYO, April 3 (Bernama-BUSINESS WIRE) -- Mitsui Chemicals, Inc. (Tokyo: 4183; President & CEO: Tsutomu Tannowa) announced that it established Mitsui Chemicals (Thailand) Co., Ltd. in Bangkok, Thailand on April 3, 2017. With Mitsui Chemicals (Thailand) Co., Ltd. functioning as the Mitsui Chemicals Group distributor in Thailand, Mitsui Chemicals will bolster its marketing power and expand its business.

Outline of Mitsui Chemicals (Thailand) Co., Ltd.
Company name		Mitsui Chemicals (Thailand) Co., Ltd.
Establishment		April 3, 2017
Capital		150 million bahts (Mitsui Chemicals 100%)
Location		Bangkok
President		Toshihiro Motoshima
Product		Sales and Marketing of Mitsui Chemicals products
Commercial Operation		July 2017

Background of the establishment

An important market in Southeast Asia in the auto and packaging materials industries, Thailand is particularly vital for Mitsui Chemicals’ core Mobility and Food & Packaging businesses. Thailand has a concentration of major global companies in the field of health care, particularly spectacle lens materials. Mitsui Chemicals can thus expand in Thailand its Health Care business, another core business.
Before the establishment of Mitsui Chemicals Thailand, Mitsui Chemicals had six manufacturing and sales bases in Thailand. With this distributor in the important Thai market, Mitsui Chemicals will strengthen its operations in Thailand through local-based marketing and will expand sales in neighboring countries.