January 24, 2017
Shin-Etsu Polymer Co., Ltd (Head office: Chiyoda-ku, Tokyo, President : Yoshiaki Ono, Capital: 11.6 billion yen, First Section of the Tokyo Stock Exchange: 7970) announces that Shin-Etsu Polymer India Pvt. Ltd. (Hereinafter "SD", Head office: Republic of India, President and Representative Director: Osamu Kowada, Capital: 620 million rupees (approximately one billion yen)), its wholly owned subsidiary, has opened a branch in the suburbs of Delhi and will commence operation on February 1, 2017.
SD, a company established in October 2007 as a production base for silicon-based materials in Chennai, Tamil Nadu, India, manufactures and sells automotive parts for Europe as well as India.
With automobile-related businesses expanding in India, SD has established a sales facility in Gurugram (previously known as Gurgaon), in the suburbs of Delhi, in anticipation that it will be able to receive more business inquiries and orders. By doing so, It will strengthen its efforts to build a more customer-centric business structure that accommodates inquiries speedily, while at the same time developing more customers.
■Overview of the branch
|Trade name||：||Shin-Etsu Polymer India Pvt. Ltd.
|Location||：||3rd Floor, Building No.9-A, DLF Cyber City Phase-3,
Gurugram , Haryana 122002. India
|Branch manager||：||I. Balasubramanion|
Shin-Etsu Polymer Co., Ltd (Head office: Chiyoda-ku, Tokyo, President: Yoshiaki Ono, Capital: 11,635.95 million yen, First Section of the Tokyo Stock Exchange: 7970) has been developing and producing products for customers ranging from manufacturers of components for electrical and electronic equipment to those of construction related materials, making full use of its processing technology for polyvinyl chloride resin and silicone rubber as well as its material mixing technology, since its establishment as a group company of Shin-Etsu Chemical Co., Ltd. in 1960. The company operates businesses for manufacturers of advanced products around the world as an outstanding partner, through a global network of 17 consolidated subsidiaries in Japan and abroad
*The company name and logo are the trademarks of Shin-Etsu Polymer Co., Ltd. The content of announcements are subject to change without notice.
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