Polyplastics Co., Ltd

Polyplastics Co., Ltd Overview

Polyplastics Co., Ltd (Polyplastics) sells and manufactures different types of engineering plastics and polymers. Polyplastics operates as a subsidiary of Daicel Corporation. Polyplastics products include acetal copolymer, LCP, polybutylene terephthalate, polyphenylene sulfide, fiberglass reinforced polyethylene terephthalate, and cyclic olefin copolymer. Its products find application in automobiles, electronics and electrical appliances, and household appliances, among others. Its products are sold in Japan, the US, Mexico, Germany, and South Korea among others. The company has research and development laboratories in Japan, Taiwan, China, and Thailand. It also has manufacturing facilities in Shizuoka and Ehime, Japan; Kaohsiung City, Taiwan; Jiangsu Province, China; Pahang, Malaysia; and Germany

Strategy

Polyplastics aims at acquiring a larger share of the global liquid crystalline polymer films and laminates market by enhancing the research and development activities and expanding its operations across different regions and acquiring other companies to increase its revenue.

Company Snapshot

$1.13M

Revenue

SWOT Analysis

Strengths

Strong position in market

Weaknesses

Reliance on suppliers for raw materials

Opportunities

Increasing demand in the automotive industry

Threats

Growing number of manufacturers and suppliers of LCP films and laminates

Key Developments

Date	Approach	Development
September 2012	Acquisition	Polyplastic acquired 100% ownership of LCP Leuna Carboxylation Plant GmbH (LCPG). The company believes that this acquisition will help strengthen the technical advantage of its LCP business through research and development and production process.

Product Offering

Polyplastics Co., Ltd
- Laperos LCP

Financial Performance

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