Press Release

2015

December 10, 2015
MITSUBISHI ALUMINUM CO., LTD.

MA Extrusion India Pvt., Ltd., Opening Ceremony
 

Mitsubishi Aluminum Co., Ltd., (president: Masatoshi Hanzawa; headquartered in Minato-ku, Tokyo; hereinafter referred to as the “Company”) is pleased to announce that its wholly owned subsidiary MA Extrusion India Pvt., Ltd., (president: Nobuyuki Hasegawa; headquartered in Ahmedabad City, Gujarat, India; hereinafter referred to as the “IMAX”) held its opening ceremony on Friday, December 4, 2015.

The Mitsubishi Aluminum Group produces extruded aluminum tubes for the heat exchangers of automobiles and air conditioners (hereafter called “extruded multi-port tubes”) in four countries-Japan, the United States, Thailand, and China-and supplies the products all over the world. To further enhance the global supply system of extruded multi-port tubes, the Group established a production and sales company, IMAX, in India in September 2013 and has prepared for commercial production until today. IMAX is the only company in India to produce extruded multi-port tubes for heat exchangers that can match any specifications. Equipped with a state-of-the-art extrusion press and a set of ancillary equipment, the new company will produce 2,700 tons of tubes annually and expects about two billion yen annual sales by fiscal 2019, which is the fifth year from the commencement of operation.

The Company invited 140 guests, including government officials and customers, to the ceremony. Masatoshi Hanzawa, president of the Company, expressed his gratitude in the welcoming address of the ceremony: “The new IMAX factory is finally completed, and we are pleased to announce its opening today. We are very grateful for the support and cooperation provided by the companies concerned and those who were involved in the construction work. Like the U.S. factory that celebrated its 30th year last month, we expect IMAX to continue and significantly expand business in India. We are committed to introducing cutting-edge facilities and providing products of higher quality. You can expect more from us.”

One of the Group's basic principles in the medium-term management plan (for three years from fiscal 2014 to 2016) is the promotion of the heat exchanger component business in overseas markets and the strengthening of the capability of extrusion presses in the United States and Thailand. The Mitsubishi Aluminum Group will further enhance the supply system of heat exchanger components on a global basis.

Outline of MA Extrusion India Pvt., Ltd.
Company Name MA Extrusion India Pvt., Ltd. (IMAX)
President Nobuyuki Hasegawa
Address Mandal Industrial Estate (Phase-1), Japanese Park, Ahmedabad, Gujarat, India
Capital 800 million rupees (about 1.42 billion yen)
Number of Employees About 80
Area of the Company Site Site area: about 41,600 ㎡   Floor area: about 8,800 ㎡
Main Facilities Extrusion press (2,750 tons / billet diameter: 8 inches) and ancillary equipment
Commercial Production Started in December 2015
Annual Production Capacity :   2,700 tons
Products Extruded aluminum tubes for heat exchangers of automobiles and air conditioners

Factory appearance
Factory appearance

Extrusion press
Extrusion press

Speech at the inauguration ceremony
Speech at the inauguration ceremony

Extruded multi-port tubes
Extruded multi-port tubes

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