Ube establishes local subsidiary in Taiwan
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Ube establishes local subsidiary in Taiwan

1:36 AM, 12th January 2012
Ube establishes local subsidiary in Taiwan

TOKYO, JAPAN: Ube Industries Ltd announced that it has established a local subsidiary in Taiwan to engage in market and sales development for Ube Group products in the Taiwanese market. The new subsidiary, called Ube Taiwan Co Ltd, was established in December 2011 and will start operating in February 2012. The Group established local sales subsidiaries in Brazil and South Korea in July 2010 and March 2011 respectively, and established a local subsidiary in India for the machinery business in December 2011.

Taiwan is an important market for chemical products such as caprolactam, with strong growth in the electrical and electronic sectors and the presence of many leading companies. These factors have increased the need for Ube Industries to strengthen its approach to market development in Taiwan, by creating new demand and expanding the customer base with a focus on specialty chemicals and products.

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