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Establishment of a Second-tier Subsidiary in China
Aug. 19, 2016

Top > What's New > 2016 >Establishment of a Second-tier Subsidiary in China

ADEKA Corporation (Representative Director and President: Akio Kohri) signed an investment agreement with the Administration of Zhejiang Dushan Port Economic Development Zone based on a plan to establish a new production hub in the city of Pinghu, Jiaxing, Zhejiang, China.

We plan to establish ADEKA Fine Chemical (Zhejiang) Co., Ltd. and construct a new plant in the city after passing the required screening tests.


[Outline]

1. Company Name

ADEKA Fine Chemical (Zhejiang) Co., Ltd.

2. Location

Dushan Port Economic Development Zone, Pinghu, Jiaxing, Zhejiang, China

3. Date of Establishment

October 2016 (scheduled)

4. Capital

$ 30 million

5. Investor

ADEKA (China) Co., Ltd. 100%

6. Start of business

January 2020 (scheduled)

7. Sales target

500 million yuan

8. Number of Employees

200 (provisional)

9. Main business

Manufacture and sale of chemical products, such as polymer additive (at the time of establishment)


Please check this (PDF: 200KB) for more details.