Tosoh Corp. (TYO:4042) announced on Oct. 13 that it will be implementing a price increase for its polyethylene resin. The change will apply to all polyethylene resin products offered by the company, with prices set to rise by at least 16 yen ($0.14) per kilogram starting with product supplied on Nov. 1. Addressing its reasoning for the decision, Tosoh noted...
Chemical company Tosoh Corp. (TYO:4042) has been selected as part of the FTSE4Good Index Series and the FTSE Blossom Japan Index, both prominent indices for ESG investments. The FTSE4Good Index Series is an index developed and offered by FTSE Russell, part of the London Stock Exchange Group. It looks at major companies around the world and selects those making particularly...
Tosoh Corp. (TYO:4042) has reported its business results for the April–September quarter of fiscal 2020. The company posted net sales of 328.47 billion yen ($3.14 billion), down 17.1 percent year-on-year; operating income of 17.64 billion yen, down 56.3 percent; ordinary income of 17.97 billion yen, down 57.1 percent; and quarterly net profit of 11.71 billion yen, down 56.3 percent. Tosoh’s...
Bando Chemical Industries Ltd. (TYO:5195) and Tosoh Corp. (TYO:4042) have been selected to receive backing for a joint project of theirs from the New Energy and Industrial Technology Development Organization (NEDO). This comes as part of a NEDO initiative to develop cellulose nanofiber (CNF)-related technology capable of helping to achieve a carbon-recycling society. Set to run over fiscal 2020–2024, the...
Tosoh Corp. (TYO:4042) recently announced that group company Tosoh Silica Corp. has decided to establish a JV with South Korea’s Namhae Chemical Corp. Named Tosoh Namhae Silica Corp., this new JV will build a base to produce silica for use in fuel-efficient tires. Plans are for the new production base to get up and running in October 2021. This would...
Tosoh Corp. (TYO:4042) is looking to bolster its production capacity for Skyprene, the company’s brand of chloroprene rubber (CR). Targeting a 4,000-ton increase to its annual CR production capacity, Tosoh will remove facility bottlenecks at its Nanyo Complex in Shunan, Yamaguchi Prefecture. These efforts will require an investment of around 5 billion yen ($47.05 million) and bring the company’s total...
Signup today for free.
You will receive a weekly or daily roundup on what has been published and will be up to date on special offers.
Please make sure to select your preferred sending frequency!
Note: We save your entered data to send the newsletter. You can always easily unsubscribe. More information on data handling: Privacy Policy.
Close window
