Nippon Carbide Industries (HangZhou) Co., Ltd., a high-tech subsidiary invested by the Japan Calcium Carbide Industry Co., Ltd in China in December 1994, is one of the 16 enterprises invested by the latter globally. With a total investment of USD 74.60 million and an area of 160,000 square meters, it mainly manufactures retroreflective sheeting, food wrapping film and indication film.