30 september 2013
Details
Sanyo Chemical Industries and Toyota Tsusho
today concluded a new joint venture agreement regarding
San-Dia Polymers, Ltd.,
a consolidated subsidiary of Sanyo Chemical Industries
which manufactures and sells
superabsorbent polymers (SAP)
with the start of the new joint venture,
San-Dia Polymers was renamed
SDP Global Co., Ltd.
Synergies
SDP Global will combine
* San-Dia's R&D capabilities and manufacturing systems with
* Totoya Tsusho's sales and logistics networks
to accelerate global expansion in the growing SAP market
* through aggressive investment and
* to better respond to market and customer needs.
Overview of joint venture, SDP Global
Company name : SDP Global Co., Ltd.
Location : Tokyo, Japan
Equity ratio : 70% Sanyo Chemical Industries
30 % Toyota Tsusho
Net sales : 38.443 billion yen
(fiscal year ended March 31, 2013)
Business : Manufacture and sale of superabsorbent polymers
Sites : Japan, Aichi Prefecture, Tokai City
Japan, Gifu Prefecture, Ogaki City
China, Jiangsu Province, Nantong City
Capacity : 280,000 tons per year
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