Loan for Manufacturing and Sales of Hydrofluoric Acid and Fluorine Chemical Products
Support for Expanding Customer Base and Market Share in the Chinese Market Having Increasingly Intense Competition

  • Area: Asia
  • Manufacturing and Services

JBIC signed a loan agreement with Jiangxi Datang Chemicals Co. Ltd., a corporation majority owned by DAIKIN INDUSTRIES, LTD. (DAIKIN) in Jiangxi Province, China, supporting their operations in manufacturing and sales of hydrofluoric acid and fluorine chemical products, which are used to manufacture fluorine resin and fluorine paints. DAIKIN has the second largest world market shares in fluorine chemicals, and they plan to expand their customer base and market share in China, the important market,through offering a variety of products with improving its profits through stable supplies of inexpensive core raw materials.

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