Elastomix Co. Ltd., a consolidated subsidiary of major synthetic rubber manufacturer JSR Corp. (TYO:4185), has announced plans to establish a new company in Mexico for carbon masterbatch (CMB) manufacturing. Commercial production is slated to begin in 2018. Mexico is a major exporter to the North American automotive market. Elastomix aims to expand by establishing a manufacturing hub in the region...
JSR Corp.
Elastomix’s Overseas Strategy in the Rubber Refining Industry – Thailand, Indonesia
JSR Corp. (TYO:4185) affiliate Elastomix (Thailand) Co. Ltd., Thailand’s largest domestic rubber manufacturer and refiner, is increasing capacity at its Thai production facilities. Although domestic demand in Thailand is in an overall downtrend similar to that of China, the firm is managing to consistently attract new orders and other business. In addition, PT. Elastomix Indonesia has been running its domestic...
Elastomix’s Overseas Strategy in the Rubber Refining Industry – China
Elastomix Co. Ltd., the largest manufacturer and refiner of rubber in Japan and majority-owned by JSR Corp. (TYO:4185), predicts there will be few reasons for demand in Japan to increase in the future. As such, the company plans to aggressively cater to demand overseas through its subsidiaries in China, Thailand and Indonesia. Elastomix’s subsidiary in Foshan, China, added a Banbury...