Tosoh Corp. (TYO:4042) has begun looking into the possibility of boosting its chloroprene rubber (CR) capacities. Amid a tightening global demand–supply balance for the material, the company’s production continues to run at full capacity. Unable to answer all business inquiries, Tosoh has postponed shipments in part, primarily in relation to those for export. As a...
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Chemical, Materials Firms Set to Exceed 1 Trillion Yen in Capital Investments for 2017
Investments in plant and equipment by major chemical and materials companies during fiscal 2017 are set to total 1.18 trillion yen ($10.62 billion), increasing 20 percent over the previous year’s total, which was less than 1 trillion yen. The wide margin of increase comes on top of levels of investment that were already high, owing...
Major Chemical Companies Achieve Soaring Profits on Back of Favorable Petrochemical Market – Part 2
As part of their financial results for the fiscal year ending in March 2017, each of the major Japanese chemical companies reported positive net profits. Due to favorable petrochemical market conditions, Tosoh Corp. (TYO:4042) and Mitsui Chemicals Inc. (TYO:4183) in particular saw large profit margins. Mitsubishi Chemical Holdings Corp. (TYO:4188) displayed strong sales of methyl...
Major Chemical Companies Achieve Soaring Profits on Back of Favorable Petrochemical Market – Part 1
Major Japanese chemical companies have released their financial results for the fiscal year ending March 2017, with each reporting an increase in net profit. Tosoh Corp. (TYO:4042) and Mitsui Chemicals Inc. (TYO:4183) in particular saw large profit margins, as the companies rode favorable petrochemical market conditions. Mitsubishi Chemical Holdings Corp. (TYO:4188) displayed strong sales of...
Tosoh to Build New High-Silica Zeolite Facility at Nanyo Complex
Tosoh Corp. (TYO:4042) announced on May 9 that it plans to boost its capacity to produce high-silica zeolite, which is used in vehicle exhaust emissions catalysts. The new facility will be built at Tosoh’s Nanyo Complex in the city of Shunan, Yamaguchi Prefecture. Construction of the 10 billion yen ($87.6 million) facility will begin this...
Japan’s Petrochemical Industry Sees Revitalization With Ethylene Facility Upgrades
A noticeable trend is taking place in Japan with a spurt in capital investment to upgrade petrochemical facilities. Asahi Kasei Mitsubishi Chemical Ethylene Corp. will revamp its facilities at the Mizushima Plant this year to increase ethylene production. Tosoh Corp. (TYO:4042), meanwhile, has begun looking into boosting the efficiency of the company’s ethylene plant in...
Digest: Chemical Price Hike Announcements for Week of April 17
A series of price hikes were announced by chemical companies during the week of April 17 – April 21. Unless noted otherwise, all price increases listed here are per kilogram. In polypropylene glycol (PPG), Asahi Glass Co. Ltd. (TYO:5201) raised prices for PPG and polymer polyols (POP) by no less than 15 yen ($0.14) on...
Tosoh to Enter Business of Printable Organic EL Materials
Tosoh Corp. (TYO:4042) plans to enter the business of printable organic electroluminescent (EL) materials. The Japanese chemical company has developed a printable low-molecular-weight hole transport material with a lifespan similar to that of widely used deposition materials. The printing process results in better organic EL productivity compared to conventional deposition processes. Therefore, it could be...
Digest: Chemical Price Hike Announcements for Week of Feb. 6
A series of price hikes were announced by chemical companies during the week of Feb. 6 – Feb. 10. Unless noted otherwise, all price increases listed here are per kilogram. In caustic soda, Toagosei Co. Ltd. (TYO:4045) and Kureha Corp. (TYO:4023) will raise prices for solid conversion by no less than 10 yen ($0.09) on...
Four Major Chemical Companies Anticipate Record Profits for Fiscal 2016
Eight major chemical companies have announced their earnings for April through December 2016. Tosoh Corp. (TYO:4042) and Mitsui Chemicals Inc. (TYO:4183) recorded healthy profits as a result of robust earnings from petrochemical products and basic chemicals. Shin-Etsu Chemical Co. Ltd.’s (TYO:4063) profits were driven by Shintech Inc., the company’s U.S.-based polyvinyl chloride subsidiary. Seven companies...
Tosoh Develops New Printable Organic Semiconductor Material
Tosoh Corp. (TYO:4042) has succeeded in developing a new printable organic semiconductor material with superior properties in terms of electron mobility, heat resistance and solubility. In a joint research project with Yamagata University, Tosoh is using this material to prototype an organic electroluminescence (EL) display, manufactured with inkjet printing to verify good performance and operability....
Digest: Chemical Price Hike Announcements for Week of Jan. 30 – Part 2
A series of price hikes were announced by chemical companies during the week of Jan. 30 – Feb. 3. As with the first installment in this two-part special, unless noted otherwise, all price increases listed here are per kilogram. In isopropyl alcohol (IPA), Tokuyama Corp. (TYO:4043) raised the price of industrial grade IPA by no...
Digest: Chemical Price Hike Announcements for Week of Jan. 30 – Part 1
A series of price hikes were announced by chemical companies during the week of Jan. 30 – Feb. 3. As with the second installment in this two-part special, unless noted otherwise, all price increases listed here are per kilogram. In caustic soda, Nippon Light Metal Co., Ltd. (TYO:5701) will raise the price of solid conversion...
Tosoh President Shares Outlook on Company’s Future
Tosoh Corp. (TYO:4042) is expected to achieve record profits in fiscal 2017. President Toshinori Yamamoto stated in an interview with The Chemical Daily that Tosoh will strive for further profit growth in specialty sectors. Such expansion would help the company prepare for a potential decline in the commodity sector, which Yamamoto said may be showing...
Tosoh to Double Its Polyvinyl Chloride Resin Production in the Philippines
Tosoh Corp. (TYO:4042) has formally decided to double its polyvinyl chloride (PVC) production capacity in the Philippines, where increased infrastructure investment is expected to boost demand. The plan calls for new construction that will expand the production facilities of a local affiliate, adding 110,000 tons to Tosoh’s group production capacity in the Philippines. Scheduled to...
Tosoh President Reflects on Company’s Recent Success, Challenges Moving Forward
President of Tosoh Corp. (TYO:4042), Toshinori Yamamoto, has offered his perspective regarding Tosoh’s success in 2016, the first year of the company’s three-year, mid-term management plan. While recognizing the success, he said that Tosoh’s next challenge is increased R&D for performance products and that the company intends to increase efforts in this area. Tosoh’s primary...
Bulk Chemicals Drive Higher Profits in April–September Reports by Major Manufacturers
Seven major chemical companies simultaneously announced earnings for April through September 2016. Mitsubishi Chemical Holdings Corp. (TYO:4188), Sumitomo Chemical Co. Ltd. (TYO:4005) and Asahi Kasei Corp. (TYO:3407), the top three in terms of net sales, reported lower operating income due to a higher yen. Meanwhile four other companies reported higher operating income: Shin-Etsu Chemical Co....
Tosoh Develops Strong, Translucent Zirconia Powder for Dental Material
Tosoh Corp. (TYO:4042) has developed a new technique that provides zirconia powder with both the translucency and strength required for use in dental material. Tosoh is offering its zirconia powder as a substitute for metal dental materials. The product’s superior aesthetic appearance and biocompatibility are contributing to the spread of its use worldwide. With a...
Japan Works to Perfect Domestic Biopharma Manufacturing Capabilities
European and U.S. corporations now have an exclusive hold on the manufacturing technologies used in the advanced field of pharmaceuticals that are antibody drugs. Japan, which has virtually no technological infrastructure in this arena, relies on the services and products of overseas firms. To remedy this reliance, the Ministry of Economy, Trade and Industry (METI)...
Tosoh Moves Into High Gear for Entry Into Regenerative Medicine
Tosoh Corp. (TYO:4042) is looking to make a full-scale entry into the field of regenerative medicine. The company has started conducting research and development into cultures for induced pluripotent stem cells (iPSCs) and other pluripotent cells, dissociation materials and diagnostic tools. With these, it hopes to create a system of integrated solutions. Tosoh’s ramping up...
