The hottest Japanese chemical enterprises' investm

Japanese chemical enterprises increased their investment in emerging markets

although the impact of the financial crisis is gradually receding and the global economy begins to recover, Japan's domestic market demand remains depressed. To this end, Japanese chemical companies have invested heavily in emerging markets, and China has become a key area for investment

Mitsui chemical company, the world's second largest producer of phenol series products, will focus on emerging markets in the future. At the same time, although it is not cheap, we can ignore these great effects on the physical and mechanical properties of products and increase the production capacity of high value-added products. At the beginning of November, 2009, Mitsui chemical and Sinopec reached an agreement on the joint venture project of phenol and EPDM, and the total investment of the two joint venture projects is expected to reach 60billion yen. As early as April, 2006, the two sides established a bisphenol a joint venture Shanghai Sinopec Mitsui Chemical Co., Ltd. (SSMC) in the form of equal investment. In order to strengthen cooperation, the two sides signed an expanded strategic cooperation memorandum in April 2009: SSMC will build a 250000 T/a phenol plant, which is expected to be put into operation in 2013. Phenol will supply the existing bisphenol a plant, while Shanghai Gaoqiao Petrochemical Company, a subsidiary of Sinopec, will transfer a 120000 T/a phenol plant to SSMC. In addition, Mitsui chemical company plans to invest US $7.5 million to build a 10000 ton/year polyurethane foam production plant in Foshan, Guangdong Province, China. The device is expected to be completed and put into operation in the first quarter of 2011, and the products will be mainly sold to automobile manufacturers and parts manufacturers in southern China

Dongcao company also announced that it plans to invest 10billion yen to build a 300000 ton/year PVC plant in Guangzhou, China, which will be operated by Dongcao (Guangzhou) Chemical Co., Ltd. This will be the second PVC plant of Dongcao company in China. Dongcao (Guangzhou) Chemical Co., Ltd. completed the first PVC plant in Guangzhou in 2007, with a design capacity of 220000 tons/year. It is reported that the new PVC plant will be completed and put into operation in 2012, when the global PVC production capacity of Dongcao company will reach about 1.6 million tons/year

in order to expand its business in China, Showa electric opened its Shanghai Office on January 4, 2010 to supervise the company's business in China. Takahashi Gongping, President of Showa electric, said, "at present, Showa Electric has 18 business points in China. We need to further expand our business scope to cope with China's fast-growing economic situation." Takahashi said that the Japanese economy is stagnant, and the company can only ensure its survival by increasing its business in the international market. The company's business expansion in China and Southeast Asia will focus on chemicals and electronics, "said gideonballoch, head of dental products at formlabs

in order to meet the growing demand of the Chinese market, Toyo tire and rubber company plans to build a wholly-owned tire production plant in the coastal areas of China. The first phase of the project will invest 10billion yen and is expected to be completed and put into operation by the end of 2011. At that time, 2million passenger car and truck tires will be produced every year

Indian chemical industry also has bright investment prospects. At present, Indian chemical industry has accounted for 2% of the global industry. Accelerating its entry into the Indian market has also been written into the expansion schedule of Japanese chemical companies. "India is rising rapidly, and the company's global strategy should not ignore this promising region," said the head of kolali company Clary is actively exploring the Indian professional chemical market with a market share of US $5billion, and seriously considering the feasibility of building a new professional chemical production plant in India. The first step for coke to develop the Indian market is to target Indian glass manufacturers and automotive companies, and then plan to expand its business to other industries, including papermaking, textile, electronics and construction industries. India's textile, automotive, glass, electronics and construction industries have great demand potential for polyvinyl alcohol related products. Kolali India has been selling polyvinyl alcohol and related products in the Indian market since April 2009

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