Toyota Tsusho Corporation will begin full-scale manufacturing of high-performance plastics outside Chennai, India in June 2014 with joint-venture partners Toyota Tsusho India Pvt.Ltd., Nippon Pigment (Singapore) Pte. Ltd. and Motherson Sumi Systems Ltd., part of India's largest auto parts conglomerate, the Samvardhana Motherson Group. The manufacturing plant will support growing demand for high-performance plastics with the superior heat-resistance required for auto parts applications.
The four companies established a plastics compound joint venture outside Delhi, India in March 2013 and then began construction of a manufacturing plant outside Chennai. In recent years, Japanese, American, and European auto and electronics companies have accelerated the establishment of manufacturing sites in southern India, boosting demand for local procurement of high-performance plastics. Toyota Tsusho participated in the establishment of this joint venture to rapidly and precisely meet the needs of its customers in southern India through consigned processing and manufacturing of high-performance plastics for plastics manufacturers.
Nippon Pigment (Singapore) has a 50-year track record in the compounds business with its color processing and other operations. The company is a wholly owned subsidiary of Nippon Pigment, which boasts six affiliated plants in Japan and nine in other parts of Asia. Motherson Sumi Systems is a core unit of India's Motherson Group, a comprehensive auto parts conglomerate. With a 40-year history, the company supplies plastic compounds, wire harnesses, and other pro ther products to auto manufacturers in and outside India. The partners aim to establish a value chain for high-quality, high-performance plastics in India by combining Nippon Pigment's compounds technology and know-how, Motherson Sumi Systems' local business management know-how, and Toyota Tsusho's logistics and sales networks.
04-Jun-14 
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