Inoac Corporation
Company Profile
■URL
■Address
2-13-4 Meieki-Minami, Nakamura-ku, Nagoya-shi, Aichi-ken, 450-0003, Japan
Business Overview
-Develops urethane, rubber, plastics, and composite materials. Delivers automotive interior and exterior decorative parts, industrial materials for interior products, cosmetic containers, and housing materials. In the 2021 fiscal year, automotive products accounted for 44%.
-The Company has established joint ventures with ABC Group, Inc. and Woodbridge Foam Corporation both based in Canada, and a Chinese supplier Ningbo Huaxiang Electronic Company.
Shareholders
-Unlisted company
Products
Interior parts
-Instrument panels
-Energy absorption parts
-Engine covers
-Molded ceilings
-Air-intake ducts
-Pillar garnishes
Seat parts
-Armrests
-Seat cushions
-Head rests
Molding parts
-Window moldings
-Roof moldings
Exterior parts
-Aero spats
-Side mudguards
-Mudguards
-Rear spoilers
Functional parts
-Air intake ducts/Resonators
-Sound deadening parts for resonator
-Steering deadening parts for resonator
-Steering column hole covers
-Hood seals/Door weatherstrip
-Sealing
-Door cushions
-Plug holes/Packing
History
| 1926 | Established the Inoue Gomu Seizousyo to produce bicycle tire tubes. |
| 1934 | Started overseas operations by exporting the IRC Brand tire tube to Southeast Asia. |
| 1938 | Incorporated Inoue Rubber Co., Ltd. |
| 1954 | Established MTP Kasei. First company in Japan to manufacture and sell polyurethane foam. |
| 1955 | Adopted ceiling materials / heat insulating materials for engine compartments |
| 1960 | Started to produce vacuum formed polyvinyl chloride sheet products |
| 1968 | Adopted plastic molds for automobiles |
| 1979 | Started to produce plastic bumpers (PP) |
| 1980 | Established Inoue MTP Co. Ltd. as the result of the merger of Inoue Rubber and MTP Kasei. Launched the "INOAC" brand. Established Inoue Cellotechs as a joint venture with Jim Walter Inc. |
| 1984 | Adopted instrument panels using powder slash molds |
| 1987 | Started to produce blow molded spoilers |
| 1988 | Started to produce Beneron sheets domestically by entering into a technical partnership with Benecke-Kaiko Group. |
| June, 1990 | Changed name of company to Inoac Corp. |
| 1994 | Started to produce instrument panels using HPI Technology |
| 1995 | Established Kansai Inoac and Chita Inoac. |
| 1996 | Started to produce instrument panels integrated with airbag doors |
| 1997 | Seino Inoac renamed Inoac Elastomer Co., Ltd. |
| 1998 | Established IW foam corporation, a joint venture company with Woodbridge of Canada, to manufacture automobile cushions. |
| 1999 | Established BASF Inoac polyurethane. |
| 2000 | Established SAI Automotive SAI Japan KK, a joint venture company, with Faurecia of France |
| 2001 | Established a joint venture company with RECTiCEL S.A. of Belgium to manufacture automobile interior parts. Estabiished Inoac Tokai (Thailand) Co., Ltd., a company to produce medium-pressure and low pressure hoses in Thailand. |
| 2004 | Established Tianjin Inoac Polymer Co., Ltd. in China to manufacture and sell automotive components. Established Inoac Automotive (Thailand) Co., Ltd. in Thailand to manufacture automotive resin products. |
| 2005 | Established the Toyohashi Plant in Aichi Prefecture as an integrated production base for headrests. The facility has a seamless production structure, which includes cutting of headrest cover through finishing. |
| 2006 | Established Dongguan Inoac Polymer Co., Ltd. in China to manufacture high-performance urethane foam. Established Inoac (Thailand) Co., Ltd. in Thailand, which supervises the Group's affiliated companies in Asia. |
| Nov. 2007 | The Company and Woodbridge Foam of Canada signed a joint-venture contract to collaborate in the automotive seats urethane foam business. Based on the agreement, Woodbridge Foam will acquire 50 percent of the share capital in Kyusyu Inoac Co., Ltd., while the Company will obtain 50 percent of the share capital in Saltillo Interior Trim S.A. de C.V., which is Woodbridge Foam's production base in Mexico. Established the Kitakami Plant in Iwate Prefecture as an integrated production base for automotive interior and exterior components. |
| 2008 | Established Saltillo Interior Trim S.A. de C.V. in Mexico to manufacture foam products. |
| 2009 | Established Tianjin Inoac Huaxiang Automobile Produces in Tianjin, China. |
| 2011 | Acquired 100% of the shares in Inoac Exterior Products LLC based in North America to enhance its automotive spoiler business. |
| 2012 | Established ABC Inoac Exterior Systems in USA and Canada to produce automotive exterior components. |
| 2013 | Started series production at Inoac Polymer Lanka (PUT) Ltd. in Sri Lanka. *At first, urethane form is produced for apparel business in India. |
| 2014 | Established the general foundation named the "Polyurethane International Technology Promotion Foundation". |
| 2015 | Started volume production on new foaming line at INOAC (THAILAND) CO., LTD. |
| 2016 | Started volume production on foaming lines at INOAC VIETNEM CO., LTD. |
| 2016 | Started volume production on new foaming line at PT. INOAC POLYTECHNO INDONESIA. |
| 2016 | Established INOAC LIVING VIETNAM CO., LTD. |
| 2017 | Established Inoac Ryukyu Co., Ltd. as the group's first company in Okinawa prefecture. |
| 2021 | Built a new production plant at PT Inoac Polytechno Indonesia. |
