Asahi Kasei Corp. (TYO:3407) is considering looking overseas for the next expansion to its thermoplastic elastomer (TPE) business. The company is currently working to decide on a location, with one...
asahi kasei
Japanese Companies Target Europe With Hydrogen Technology Due to Delays in Domestic Setup
A number of Japanese companies are moving to deploy technology for hydrogen energy to the European market. Asahi Kasei Corp. (TYO:3407) and Mitsubishi Hitachi Power Systems Ltd. have decided to...
Asahi Kasei Medical Forms Venture Fund for Dialysis, Bioprocess Fields
Asahi Kasei Medical Co. Ltd. has set up a corporate venture capital (CVC) fund to back new business development. The fund will invest in ventures that promise to take advantage...
Major Chemical Companies Post Record High Net Profits
Japan’s Major chemical companies released on Jan. 7 their financial results for the fiscal period spanning April–December 2017. Due to the high market conditions of petrochemical products during the period,...
Interview: Asahi Kasei President Hideki Kobori Highlights Growth Under New Company Structure
Asahi Kasei Corp. (TYO:3407) has been performing well under its current medium-term management plan, which has seen the company consolidate its subsidiaries in embrace of corporate integration. Company president Hideki...
Japanese Companies Eye European Hydrogen Energy Market
A number of Japanese companies have started making moves aimed at expanding into the European market for hydrogen energy. With Europe’s introduction of renewable energy moving forward at a rapid...
Chemical Industry Leader Outlooks for 2018 – Part 4: Semiconductors
The Chemical Daily recently had the opportunity to hear from chemical company executives regarding their outlooks for 2018. Continuing on from discussions on the global economy, petrochemicals, and electric vehicles,...
Chemical Industry Leader Outlooks for 2018 – Part 3: Electric Vehicles
The Chemical Daily recently had the opportunity to hear from chemical company executives regarding their outlooks for 2018. Continuing on from discussions on the global economy and petrochemicals, the executives...
Chemical Industry Leader Outlooks for 2018 – Part 2: Petrochemical
The Chemical Daily recently had the opportunity to hear from chemical company executives regarding their outlooks for 2018. Continuing on from a discussion on the global economy, the executives gave...
Chemical Industry Leader Outlooks for 2018 – Part 1: The Global Economy
The Chemical Daily recently had the opportunity to hear from chemical company executives regarding their outlooks for 2018. In this series, we hear from these executives on their outlooks for...
Mitsui Chemicals to Acquire Asahi Kasei’s Sunvieo TPS Business
Mitsui Chemicals Inc. (TYO:4183) announced on Nov. 13 that it will acquire Asahi Kasei Corp.’s (TYO:3407) Sunvieo thermoplastic styrene elastomer (TPS) business. Applications for Asahi Kasei’s TPS resin include instrument...
Price Hike Trend for Polyolefin Increases
The trend toward higher polyolefin prices is spreading as the bellwether spot naphtha price appears likely to top $600 in November. Some observers are estimating the October–December domestic Japanese benchmark...
Asahi Kasei Plant in China to Help Build Asia-Wide Photosensitive Resin Business
Asahi Kasei Corp. (TYO:3407) has started operating a new factory in Changshu, China, to produce a photosensitive resin used as a material in plates for flexo printing. Part of a...
Japan’s Major Chemical Manufacturers Post Record Profits in First-Half Results
All of Japan’s major chemical manufacturers have posted record highs on a net profit basis with their respective midterm settlement of accounts for September 2017. And with each of these...
Zeon, Sumitomo Chemical to Fully Merge S-SBR Operations
Zeon Corp. (TYO:4205) and Sumitomo Chemical Co. Ltd. (TYO:4005) will fully merge their solution styrene butadiene rubber (S-SBR) operations in March 2019. This past April, the two companies launched a...
Asahi Kasei Awarded Water Treatment Project in Kuwait, Largest in Company History
Asahi Kasei Corp. (TYO:3407) has won a water treatment project in Kuwait for its hollow fiber filtration membrane to be used in a large-scale reverse osmosis (RO) seawater desalination plant....
Asahi Kasei to Build Plastic Compounds Plant in Changshu, China
Asahi Kasei Corp. (TYO:3407) recently made an official announcement that the company plans to construct a plastic compounds plant in Changshu, Jiangsu Province. The plant, slated to come online in...
Asahi Kasei to Boost Production of Successful Fiber Products
Asahi Kasei Corp. (TYO:3407) is expanding investment in fibers and textiles. The company plans to grow its polyamide 66 brands in Japan for the automotive field, with a focus on...
Asahi Kasei to Upgrade S-SBR Plant in Singapore
Asahi Kasei Corp. (TYO:3407) has formally decided to increase production capacity at its solution-polymerized styrene-butadiene rubber (S-SBR) plant in Singapore. Approximately 5 billion yen ($44.78 million) are expected to be...
Asahi Kasei to Increase Chinese Production Capacity of Engineering Plastics With Factory Move
Asahi Kasei Corp. (TYO:3407) will construct a new plant for engineering plastics in Changshu, Jiangsu Province, China. Operations will be moved from the company’s current factory in Shuzou, another city...
