Eight major Japanese chemical companies have released their financial results for the April–June quarter of 2018. While all saw increases in revenue, only three saw a rise in operating profit....
asahi kasei
Hygiene Materials Giant Fitesa Picks up Majority Share in CNC to Enter Southeast Asian Market
Major Brazilian hygiene materials company Fitesa SA recently acquired 51 percent of CNC International Co. Ltd., a Thai-based manufacturer of polypropylene (PP) spunbond nonwovens. Fitesa has turned CNC into joint...
Japanese Chemical Companies Take Aim at Europe’s Automotive Market – Part 2
A number of Japanese chemical firms have been targeting the European automotive market with M&A initiatives as of late. Through this, these companies hope to boost their presence in the...
Asahi Kasei to Acquire Sage Automotive Interiors
Asahi Kasei Corp. (TYO:3407) announced on July 19 that it is set to acquire U.S.-based Sage Automotive Interiors Inc., a major company dealing in automotive interior materials. Sage holds the...
Asahi Kasei Eyes Acrylonitrile Production Boost in South Korea
Asahi Kasei Corp. (TYO:3407) is looking to boost its production base for acrylonitrile (AN) in South Korea. Bustling demand for this organic compound has Asahi Kasei’s production facilities here at...
Asahi Kasei Targets Further Growth in Textiles Business
Asahi Kasei Corp. (TYO:3407) is seeing good results with its textiles business. Continuing at full production for various materials it handles here, the company is also making progress with considerations...
Nonwovens Producers Target Chinese Market for Cosmetic Face Masks
Manufacturers of nonwovens are intensifying moves to set themselves apart from the competition when it comes to materials for high-quality face masks. With the “Made in Japan” label helping to...
Asahi Kasei Focuses in on Strategy of Added Value for POM Business
Asahi Kasei Corp. (TYO:3407) is accelerating a strategy to add value to its polyacetal (POM) operations. Asahi Kasei is the world’s only POM manufacturer to deal in both homopolymers with...
Asahi Kasei Launches Series of New Nonwovens
Asahi Kasei Corp. (TYO:3407) is forging ahead with the development of new nonwoven fabrics and their applications. The Japanese chemical manufacturer has created CMC-Bemliese by carboxymethylating a portion of the...
New Trends Take Shape in Effort to Reduce Environmental Impact From Cars
Japanese companies are doggedly pursuing next-generation technologies to reduce the environmental impact of automobiles. One area is the coatless movement, where interior parts have been at the forefront. As part...
Asahi Kasei to Target Operating Profit of Over 200B Yen in Next Management Plan
Asahi Kasei Corp. (TYO:3407) aims to be making over 200 billion yen ($1.84 billion) in annual operating profit within its next medium-term management plan. The target was revealed by President...
Chemical and Material Manufacturers Eye Sustainable Growth in Health Care Sector
Chemical and material manufacturers are focusing their efforts in on the health care sector, seeing here little risk of fluctuation effects and as such expecting sustainable growth over the medium–long...
Asahi Kasei Aims to Bolster Sales of Automotive Engineering Plastics in Europe, China
Asahi Kasei Corp. (TYO:3407) is looking to bolster sales of its engineering plastics to foreign-owned automakers. In a move to develop its automotive-related business in Europe, Asahi Kasei established its...
Chemical Giants Achieve Record Profits for Fiscal 2017
Japan’s chemical industry has now seen all of its major players release their business results for fiscal 2017. And with petrochemical market prices at a high and price spreads growing,...
Asahi Kasei Looks to Combine High-Level Performance and Safety for LiB Separators
Asahi Kasei Corp. (TYO:3407) is planning to accelerate its R&D efforts for separators used in the lithium-ion batteries (LiBs) of next-gen electric vehicles (EVs). Improvements to cathode materials are continuing...
Asahi Kasei Mulls Investment in TPE Business Outside Japan
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...
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...
