Kaneka regional umbrella hubs in Asia and the Americas to aim for further acceleration of global development
—Establishment in China and USA planned for April 2012—
March 08, 2012
manufacturing and technologies including support for the establishment of new plants, research and development and market research, human resources and labor, and legal affairs and intellectual property strategies. These functions will be strengthened and expanded to overseeing business promotion within the respective regions.
Kaneka Asia Co., Ltd. will open in China, the center of high growth in Asia that represents an enormous market, and administer wholly owned subsidiaries of Kaneka in the Asia region. Kaneka has entered the Chinese market with its individual business units in the past, but to aim for further expansion in the future is required to develop business with the company in its entirety. It assigns to the new umbrella hub the role of promoting business expansion in Asia, which includes the supervision and promotion of not only existing
business domains but also those that cross multiple businesses and new businesses, and operational support for group companies in governance structure reinforcement and legal affairs.
Kaneka Americas Holding, Inc. will build a centralized local structure for overseeing Kaneka’s business in the Americas, with the aims of maximizing growth opportunities in the United States, which has an overwhelming economic scale and is a leader in research and development, expanding in the Latin American markets, which show remarkable growth, and making effective use of management resources. With its establishment, Kaneka will reorganize its six subsidiaries in the United States* into three: Kaneka Americas Holding, Inc. (the Americas regional umbrella hub) and the two operating companies of Kaneka North America LLC (which will take over the businesses of Kaneka Texas Corporation and Kaneka Nutrients L.P.) and Kaneka Pharma America LLC (which will remain in the state of New York). Kaneka Americas Holding, Inc. will perform
corporate functions for the two operating companies and accelerate business expansion in the Americas by planning and proposing growth strategies from a local perspective and by preparing local functions necessary for group management. In future, it will aim to grow into a streamlined business group comprising a number of
bases and subsidiaries across the Americas region.
| * Kaneka Texas Corporation | ： President Shinji Mizusawa; Manufacturing and sales of special vinyl chloride resins, functional plastics, and electronic materials |
| Kaneka Nutrients L.P. | ：President Kazuhiko Fujii; Manufacturing and sales of functional foodstuffs |
| Kaneka America LLC | ：President Atsushi Ikenaga; Research and marketing |
| Kaneka Pharma America LLC | ：President Atsushi Ikenaga; Sales of medical devices |
| Kaneka New York Holding Company, Inc. | ：President Minoru Tanaka; Holding company |
| Kaneka Functional Foods LLC | ：President Kazuhiko Fujii; Holding company |
Through the establishment of these regional umbrella hubs, Kaneka seeks to make effective use of resources and accelerate the development and expansion of its overseas businesses based on local perspectives, thereby promoting the strong global development of Kaneka.
Overview of companies to be established
| Company name | ：Kaneka Asia Co., Ltd. (tentative) |
| Business | ：Planning and proposal of management strategies in Asia, strengthening governance in Asia, and operational support for Kaneka and for local subsidiaries in Asia |
| Established | ：Scheduled for April 2012 |
| Capital | ：To be determined |
| Head office | ：Shanghai, China |
| Representative | ：Minetoshi Marufuji, President |
| Shareholder | ：Kaneka Corporation (100%) |
| Company name | ：Kaneka Americas Holding, Inc. |
| Business | ：Planning and proposal of management strategies in the Americas, strengthening governance in the Americas, and operational support for Kaneka and for local subsidiaries in the Americas |
| Established | ：Scheduled for April 2012 |
| Capital | ：To be determined |
| Head office | ：Texas, USA |
| Representative | ：Shinji Mizusawa, President |
| Shareholder | ：Kaneka Corporation (100%) |
| Company name | ：Kaneka North America LLC |
| Business | ：Manufacturing and sales of special vinyl chloride resins, functional plastics, electronic materials, and functional foodstuffs |
| Established | ：Scheduled for April 2012 |
| Capital | ：To be determined |
| Head office | ：Texas, USA |
| Representative | ：Kazuhiko Fujii, President |
| Shareholder | ：Kaneka Americas Holding, Inc. (100%) |
