Sumitomo Riko Co. Ltd. (TYO:5191) recently announced that Tokai Imperial Rubber India Pvt. Ltd. (TIR), a consolidated subsidiary for the production and sale of automotive hoses, has built and launched a new Indian plant. TIR was first established in India, the world’s second largest country by population, back in 2005. Since then, the Sumitomo Riko Group has grown its Indian...
Sumitomo Riko Co. Ltd. (TYO:5191) is planning to open a new production and sales subsidiary for automotive hoses in Vietnam. This will be the company’s second Vietnamese base for the manufacture of automotive hoses. Set to be named SumiRiko Vietnam Co. Ltd., the new subsidiary will be capitalized at 113.1 billion Vietnamese dong ($4.85 million) and wholly owned by Sumitomo...
Sumitomo Riko Co. Ltd. (TYO:5191) is planning to open a new production and sales subsidiary for automotive hoses in Vietnam. This will be the company’s second Vietnamese base for the manufacture of automotive hoses. Set to be named SumiRiko Vietnam Co. Ltd., the new subsidiary will be capitalized at 113.1 billion Vietnamese dong ($4.85 million) and wholly owned by Sumitomo...
Lanxess AG has started up operations at a new plant in Changshu, China, for the production of high-performance plastics. The plant will be used to manufacture the company’s Durethan and Pocan brands of high-performance plastics for use in the automotive, electrical and electronics sectors. The new plant specializes in intelligent manufacturing. As part of this, it has been designed with...
