Dongcao establishes a holding company in China

Dongcao company established Dongcao China Holding Co., Ltd. as a regional holding company in Shanghai, China. TOSOH owns and operates 11 consolidated subsidiaries in China, including companies selling group products and other companies manufacturing and selling polyurethane related products and PVC. As the business expands in China, these companies will gradually be under the control of Dongcao China. Dongcao group has more than 100 companies around the world with more than 12000 employees, and its net sales in fiscal 2017 was 743 billion yen (about 6.9 billion US dollars). The group is the world's largest Asian manufacturer of chlor alkali. Dongcao's petrochemical business supplies ethylene, polyethylene and functional polymers, while its advanced materials business serves the global semiconductor, display and solar industries.