TOKYO -- Japan's Shin-Etsu Chemical has ridden a highly efficient polyvinyl chloride (PVC) plastic business to achieve an operating profit margin greater than Apple's, overcoming stiff competition in a commodity market and market volatility caused by Chinese overproduction with a diligent sales team.
Materials
Shin-Etsu beats Apple's operating margin with commodity-grade PVC
Japan chemical maker's drive to keep operation efficient honed over decades
Shin-Etsu subsidiary Shintech is boosting PVC production by 10% at this plant in the U.S. state of Louisiana. (Shin-Etsu Chemical)
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