In addition, we have been operating the Resin Business, which deals chiefly with phenol resins, resin coasted sand (RCS) and foaming materials. The RCS refers to sand impregnated with phenol resins and used for casting purposes. Asahi Distributor is proud to have contributed to Japan's automobile and other transport equipment industries through our efforts to improve the quality of cast products such as engine components.
In September 2013, we acquired Drico, Ltd. in anticipation of synergy with our Valve & Piping Systems Business. Drico operates a water treatment business covering waterworks, gray water supply systems and sewage systems and a resources development business, which drills wells for geothermal power generation and hot springs.
We will seek to bolster the strengths of these three core businesses, namely the Valve & Piping Systems Business, the Resin Business and the Water Treatment & Natural Resources Exploitation Business, to benefit customers and achieve global expansion. In the meantime, we will be working actively to create new businesses in surrounding areas.
With the aspiration of becoming a company with even greater vigor and potential, all staff members at our Group will work together to constantly address challenges and reforms. We aspire to create new value by helping people enjoy richer lifestyles.
Presenting the ASAHI AV synthetic resin piping material for valves, pipes, fittings and other locations, as well as the Dymatrix high performance synthetic resin piping material for LCD- and semiconductor-related systems.
Presenting the AV Lite phenol resin for casting, molding materials, high functional materials and more.
Presenting the water treatment business dealing with waterworks and sewage systems and with facilities for the reuse of gray water, in addition to the well drilling business for geothermal power generation and for hot spring exploitation.
