East is a very promising market, where we are developing
a lot of
projects. There are
immense deposits of natural resources such as oil.
The governments of Saudi Arabia and UAE especially welcome
foreign capital and they are planning domestic production of basic
chemicals in the future. Moreover,
Iran is the greatest market in the area, because it has a population
which exceeds 60 million people and rich natural resources.
has been selling raw materials together with technical supplies to
state-owned petrochemical companies there.
We believe we will be able to become a ügbridgeüh which
will join Japanese companies to local companies in the future.
Moreover, apart from the state-owned companies, we also
supply raw materials and additives used for building materials,
resin, paint, adhesive, food additives, water treatment, detergents
to private companies.
have been increasing rapidly in recent years, and further
development is expected.