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)|
|Company name||Kuraray Europe GmbH|
|Capital||€31 million (100% owned by Kuraray Co., Ltd.)|
|President||Dr. Matthias Gutweiler|
|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|