Ube announced its business results for the first half (April-September) of the fiscal year ending March 2025, with net sales of 243.04 billion yen ($1.58 billion), up 11.4% year-on-year; operating income of 6.05 billion yen, up 15.9%; ordinary income of 1,90 billion yen, down 83.2%; and net income of 318 million yen, down 96.5%. Sales in the Resins & Plastics...
Lanxess signed an agreement to sell its Urethane Systems business to Ube. The value of the business is equivalent to 460 million euros ($503.3 million), and the sale price is expected to be approximately 500 million euros. With this transaction, Lanxess will exit its last polymer business. The Urethane Systems business has five manufacturing sites worldwide and laboratories for application...
Ube posted results for the nine months (April-December) of the fiscal year ending March 31, 2024. Sales were 332.95 billion yen ($2.23 billion), down 9.6% year-on-year; operating income 12.31 billion yen, down 5.2%; ordinary income 23.18 billion yen, compared with a loss of 4.53 billion yen in the same period a year earlier; and net income of 19.95 billion yen,...
Ube Taiwan, a member of the Ube Group of chemical companies, has received ISCC PLUS (International Sustainable Carbon) certification, an international certification to realize and guarantee a sustainable supply chain and covers mainly biomass, recycled-derived, and other raw materials sold worldwide. With this certification, Ube Taiwan will begin selling three ISCC PLUS certified Ube Group products, including from Ube Elastomer...
Ube has been selected as a component of the MSCI Japan Empowering Women Index (WIN), a stock price index developed by MSCI that select companies that are taking the lead in women’s activities based on disclosed information related to gender diversity. As a result, the company is now included in all six ESG indices managed by the Japan Pension Fund...
Ube will expand its silicon nitride production facility at its Ube Chemical Factory to meet a sharp increase in demand, especially for bearings and substrates for electric vehicles (EV). The company’s silicon nitride is a high-grade powder produced using a proprietary imide thermal decomposition method. It is characterized by uniform grain size and low impurity content, and its fine structure...
