Date: 14 December 2011
Balow was previously Director of Technology and as Vice President, he will continue to direct innovation with responsibility for research and technology development applications and services worldwide. Balow has managed the development of new products at Asahi Kasei Plastics over the last 2 years. He has over 25 years of additional technical and innovation development experience, with Polyolefins and Engineer Plastics, in automotive, industrial, packaging and the building and construction markets.
"Mike Balow has contributed to the growth of our resin technologies in multiple industries and we look forward to his continued leadership," said John Moyer, president of Asahi Kasei Plastics. "I am excited to continue the advancement of innovative resin solutions and applications that will enhance our customers' products," said Balow.
Asahi Kasei Plastics provides customized resin solutions worldwide to multiple markets. Their brands, including LEONA™ and THERMYLON® nylons, THERMYLENE® polypropylenes, TENAC™ acetals and XYRON™ modified polyphenylene ether (mPPE) and more are specially formulated to solve complex engineering problems. Their markets include automotive, commercial transportation, furniture, pool and spa, water treatment, electronics, lawn and garden, and power generation including performance polymers for electric vehicle batteries, solar panels and wind energy applications.
With 200,000 square feet, almost 200 employees and 280 million pounds of annual compounding capacity, Asahi Kasei Plastics ranks as one of North America's largest compounders. The firm has annual sales over $200 million with more than half of that in the automotive market. The Michigan based company is one of the largest Asahi Kasei facilities outside of Japan and is expanding sales globally, in Canada, Mexico, Brazil, China, India and Europe. "Today, we have a unique product mix, between our engineering resins and glass filled polypropylenes, that no other compounder in the world has," said Moyer. www.asahikaseiplastics.com. For latest news and updates, follow Twitter www.twitter.com/asahi_kasei_inc.
Asahi Kasei Plastics is a wholly owned subsidiary of Asahi Kasei Chemicals Corporation (AKCC). AKCC is a leading producer of high performance engineered thermoplastics, petrochemicals and monomers and performance chemicals. Their product portfolio serves a diverse range of markets including energy, consumer products, home construction & materials, health care and many others. Internationally, Asahi Kasei has over $19 billion in annual sales and nearly 30,000 employees.
Asahi Kasei Plastics North America, Inc., 900 E. Van Riper, Fowlerville, MI 48836 USA, 517.223.5221
Asahi Kasei Plastics
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