ZEON CORPORATION (President: Kimiaki Tanaka) and wholly owned Group company Zeon Asia Pte. Ltd. (Managing Director: Hiroshi Mihara) have jointly established Zeon India Private Limited in Gurgaon, in the Indian state of Haryana. The new company will commence operations on October 1, 2015.

Zeon India Private Limited was established in view of the importance of constructing and implementing a business strategy that is closely aligned with the needs of our customers in the expanding Indian market. It is intended to provide an impetus for further business development by setting up a company for handling the entire range of the Zeon Group’s businesses in India.

We plan to begin by targeting the rubber business for automotive applications and then expand the scope of the company’s business to other Zeon products, such as chemicals and specialty plastics.

Outline of the New Company:
(1) Company name: Zeon India Private Limited
(2) Location: Time Tower, Unit No. 507, 5th floor, Sector 28, M.G. Road, Gurgaon, Haryana 122002, India
(3) Representative: Managing Director Hiroshi Mihara
(4) Business: Import, sales and marketing of Zeon Group products, including synthetic rubber
(5) Date of establishment: July 21, 2015
(6) Paid-in capital: INR 15,000,000
(7) Shareholding: Zeon Asia: 99%, Zeon Corporation: 1%(8) Start of operations: October 1, 2015

About ZEON CHEMICALS L.P.

ZEON CHEMICALS L.P. is a wholly owned subsidiary of ZEON Corporation of Tokyo, Japan, a world leader in specialty elastomers, polymers and specialty chemicals. ZEON CHEMICALS, headquartered in Louisville, Ky., is the leading producer of specialty elastomers in the USA. It produces Nipol® NBR, HyTemp® ACM, Hydrin® ECO, Zetpol® HNBR, and Chemisat® Latex, which are used in the manufacture of hoses, seals, gaskets, belts and other parts for automotive, industrial, oil field and printing markets. Customers are served from plants in Louisville (Ky., USA), Hattiesburg (Miss., USA) and Bayport (Texas, USA).

ZEON CORPORATION is one of the top producers of polymers in the world with plants in Asia, North America and Europe, and Research and Development laboratories in Kawasaki (Japan), Louisville (Ky., USA) and Barry (UK). ZEON CORPORATION, with combined sales of over US 2.5 billion, utilizes its expertise and basic position in C4 and C5 chemistry to offer a wide range of products. The company employs approximately 3,100 people worldwide.