Toray to Buy Nippisun's Compounding Operation.Toray Industries's U.S. subsidiary, Toray Resin Co. in Troy, Mich., will acquire its former supplier, Nippisun Indiana Corp., a U.S. subsidiary of Nippon Pigment pigment, substance that imparts color to other materials. In paint, the pigment is a powdered substance which, when mixed in the liquid vehicle, imparts color to a painted surface. Co. Nippisun is a compounder of engineering plastics in Shelbyville, Ind., with production capacity of 44 million lb/yr of automotive compounds, mainly nylon and PBT PBT Provider Backbone Transport (networking technology adding determinism to ethernet) PBT Polybutylene Terephthalate PBT Profit Before Tax PBT Paper Based Test (education) . TREC TREC Texas Real Estate Commission TREC Text Retrieval Conference TREC Technique de Randonnée Equestre de Compétition TREC Tropical Research and Education Center TREC T-cell Receptor Excision Circle TREC Teachers and Researchers Exploring and Collaborating markets compounds primarily to Japanese "transplant transplant or graft Partial or complete organ or other body part removed from one site and attached at another. It may come from the same or a different person or an animal. One from the same person—most often a skin graft—is not rejected. " automotive suppliers. Its compounding was previously outsourced to Nippisun. By acquiring its own compound production, TREC expects to expand its market to include Detroit's Big Three automakers. TREC aims to triple its sales in the next five years. |
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