Iwatani Korea: Expanding business for electronics


According to The Gas Review, the main business of Iwatani’s local subsidiary in South Korea is expanding.

In fiscal 2018, Iwatani Korea worked hard to expand sales of chlorine trifluoride (CIF3), functional films for smartphones and other industrial gases and materials.

Now with Japanese-South Korea relations in a frightfully poor state, it has become important to gain the trust of users and respond to its needs. The Gas Review interviewed Toshinori Maeda, President of Iwatani Korea.

Founded 22 years ago, Iwatani Korea started as a liaison office and then changed to Soul Branch before becoming a local subsidiary in 1997. When it was founded, the company mainly procured petrochemical products, stainless steel and iron made in South Korea, and exported them for sale in Japan. But from the middle of the 2000s, explosive growth in the electronics industry in South Korea enabled them to become a trading company who also imported gases and other materials for the same industries, expanding its business range.

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