In 1936 the Ministry of Corporations granted Montecatini Societe Generale per l’Industria Mineraria, Milan, a permit to develop a factory for alkyd resins; and also Societe Italiana Ebonite and Sostituti, Milan, one to produce tar-acid resins. In 1937 a permit was granted to Montecatini S.A. for a plant to manufacture acrylic acid resins at the Villadossola works of the Soc. Elletrochimica del Toce. JAPAN[16] The history of the synthetic resin industry in Japan goes back to 1913 when Dr. Jokichi Takamine, discoverer of adrenalin and takadiastase, acquired the right to manufacture and sell tar-acid resin Products in Japan. The business was financed by the Sankyo Co., Ltd., and a factory was built at Shinagawa, near Tokyo. In 1923 a subsidiary company known as the Japan Bakelite Co., Ltd., was formed with a paid-in capital of 1,200,000 yen. This firm considers itself an affiliate of the Bakelite Corporation of the United States and, according to an existing agreement, cannot export to the United States. Its territory includes the Japanese Empire and Manchukuo. China is considered an open market. The original plant at Shinagawa was partially destroyed by fire in 1919, and the following year was moved to Mukojima, Tokyo. The firm makes tar-acid resins, and a full line of products covered by the patents of the American concern. Included are laminated sheets, molding compounds, molded articles, surface coating resins, laminated resin gears and spindles for rayon mills. An interesting development is the adaption of tar-acid resin lacquers to the production of Japanese lacquer ware such as bowls, vases, etc. Since the establishment of the Japan Bakelite Co., several other firms have started the production of synthetic resins. The Tokyo Electric Co., an affiliate of the General Electric Co., makes tar-acid resins under the trade name Tecolite. Products are used principally for insulation, although molding compositions and molded articles such as are used by the electrical trade are commercially produced.