Tokyo, October 17/Kyodo JBN/AsiaNet/--POLYPLASTICS CO., (Tokyo, Japan) has established a local affiliate company in Thailand, known as "Polyplastics Marketing (T) Ltd.," starting from November 1996. The main office is located in Bangkok. Mr. Seiji Watanabe, as the Managing Director, is heading the sales and marketing activities there. POLYPLASTICS is one of the major leading manufacturers in the world of engineering plastics such as Polyacetal resin (POM), Polybuthylen Terephtarate resin (PBT), Polyphenylen (Sulfide) resin (PPS), Liquid Crystal Polymer (LCP) and so on. The biggest POM plant in the world is operated by the company in Fuji, Japan. POLYPLASTICS has been making efforts to introduce Polyacetal products, the trademark "Duraconฎ", to Thailand as an innovative industrial material for many years. The company set up a representative office in Bangkok last year and is also planning to establish a local compounding company besides the Marketing Company. Engineering plastics demand is continuously growing with development in down stream industries in AsiaPacific Area. Against such background, POLYPLASTICS has been trying to expand the business in this area for many years and this time determined to set up a local marketing base in Thailand as the first stage to meet more thoroughly demands of local users. Demand of the products in Thailand for the electrical/electronics industries is steadily increasing. In addition, automobile-related applications are expected to produce more opportunities for further business expansion. POLYPLASTICS believes that this project, forming the Marketing Company in Thailand, will help it realize its business goal of ensuring stable product supply and technical services for local users. Contact: Shoichi Yoshikawa, POLYPLASTICS CO. LTD. Tel: 81-3-3593-2444, Fax:81-3-3580-0629