The engineering-plastics business of Kobe Steel, Ltd., (Head Office:
Tokyo; President: Hiroshi Mizukoshi) has been transferred to Mitsubishi
Engineering-Plastics Corporation (Head Office: Tokyo; President: Hideo
Fukutani) as of September 1, 2000. The same products and technical
services will continue to be offered by MEP.
Kobe Steel's engineering-plastics business specializes in advanced
compounding materials such as carbon fiber reinforced polyamides and
glass fiber reinforced polycarbonates. The company's engineering-plastics
sales volume has expanded in recent years, especially for OA equipment
applications, and how to strengthen the competitiveness of the business
has become a key issue.
MEP, on the other hand, understands the necessity to shore up this
segment of demand. This transfer of business helps to round out MEP's
operations, including raw materials, compounding, sales and technical
service, as well as to increase its international competitiveness.
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