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Ube Establishes Subsidiary in India

4:35 AM MDT | August 2, 2012 | Deepti Ramesh

Ube Industries says it has established a new subsidiary in India called Ube Industries India (Gurgaon), and the new company will begin operations this month. Ube Industries India will be involved in the sales and market development of Ube’s products in the Indian market, as well as raw materials procurement. Ube Industries India is wholly owned by the Ube Thailand (Bangkok) subsidiary, due to the geographic proximity between the two companies, Ube says. Ube Industries India will aim to capitalize on the rapidly growing Indian market, by expanding sales of...

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