[ 2012/01/31 | Kuraray Co., Ltd. | Chemicals | Tokyo | TSE1 ]

The Kuraray Group Establishes a Subsidiary in France to Accelerate Local Market Development

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The Kuraray Group Establishes a Subsidiary in France to Accelerate Local Market Development

January 31, 2012
Kuraray Co., Ltd.

European subsidiary Kuraray Europe GmbH (KEG) (a wholly owned subsidiary of Kuraray Co., Ltd.; Head Office: Frankfurt, Germany; President: Dr. Matthias Gutweiler) announces the establishment of a new European subsidiary to reinforce KEG's networks in Europe and accelerate future market development in France. An overview of the company is as follows.

Company name Kuraray Europe France S.A.R.L. ("Kuraray Europe France")
Location 3, Avenue de la Division Leclerc, 92160 Antony, France (near Paris)
Representative Mr. Daniel Kinderf
Capital €150,000 (100% owned by KEG)
Number of Employees 4 (As of the inaugural year)
Establishment December 26, 2011
Principal businesses Sales of Kuraray Group products in France and market development (Initially overseeing dental materials and isoprene-related products, the scope of business activities will be expanded in sequence)

Overview of KEG

Company name Kuraray Europe GmbH
Capital €31 million (100% owned by Kuraray Co., Ltd.)
President Dr. Matthias Gutweiler
Headquarters Frankfurt, Germany
Principal businesses Manufacture and sale of PVA resin (MOWIOL), PVB resin (MOWITAL) and film (TROSIFOL); import and sale of fibers and textiles, chemicals and dental materials
Number of employees Approximately 600

Kuraray Europe France's Opening Ceremony (on January 17, 2012)
From left:
Dr. Matthias Gutweiler (Kuraray Europe GmbH)
Mr. Daniel Kinderf (Kuraray Europe France S.A.R.L.)
Yasuhiro Yamamoto (Director and Senior Executive Officer, Kuraray Co., Ltd.;
and President of Chemicals Company, Kuraray Co., Ltd.)

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