Japan-US Business Report LogoJapan-U.S. Business Report

No. 315, December 1995

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Japanese Companies in the US

American Companies in Japan


Japanese Companies in the United States


CHEMICALS

Hoping to capitalize on the expansion in automotive parts production by Japanese-affiliated plants in this country, NIPPON ZEON CO., LTD. has mapped out plans to boost by half over the next two years or so its U.S. capacity to make nitrile-butadiene rubber. As a first step, the synthetic rubber maker is in the process of raising NBR capacity at its main Louisville, Kentucky facility to about 27,500 tons a year, a 19 percent increase. The company also plans an initial rise of a third to roughly 11,000 tons in the annual output of its Hattiesburg, Mississippi factory. Production of nitrile rubber hydride at that plant will be increased as well.

An exchange rate of ¥112=$1.00 was used in this report.

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American Companies in Japan


CHEMICALS

An equally held firm formed by Houston, Texas-based MERICHEM CO. and SUMITOMO CHEMICAL CO., LTD. will make mixtures of meta-cresol and para-cresol for exclusive sale to the two owners. SUMITOMO-MERICHEM CO., LTD. has consigned production to its Japanese parent's Oita prefecture plant, which has the capacity to make about 2,400 tons of cresol compounds a year. By raising the operations level at the underutilized facility the arrangement will enable Sumitomo Chemical to lower production costs. The tie-up also benefits Merichem by giving it an Asian source of supply for the plastic resin intermediates, which will include derivatives of meta-cresol and para-cresol.

An exchange rate of ¥112=$1.00 was used in this report.

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