Tokyo - Mitsubishi Chemical Corp. (MCC) has established a new performance polymer business network in Vietnam with a view to market its thermoplastic elastomers and PVC compounds in the country.
In a statement 4 Oct, MCC said that its subsidiary Advanced Plastics Compounds Singapore Pte Ltd., will open the office in Ho Chi Minh City in early October.
The new office will work towards improving sales in Vietnam and neighbouring countries, which MCC said “are showing significant growth in the industrial material industry.”
Fuelled by high economic growth and an emerging middle class, demand for construction and industrial materials is increasing in Vietnam, said MCC.
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