Denka has decided to conduct joint research with Transform Materials (TM), an American venture company, and to introduce facilities developed by TM for the purpose of establishing technology to realize low-carbon production of acetylene. The companies held a signing ceremony on May 23. Under its eight-year management plan Mission 2030, which started in fiscal 2023, Denka aims to achieve 100%...
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Denka has announced a price increase of more than 30 yen ($0.22) per kilogram for ABS resin, Denka IP, Denka Transparent Polymers and Clearen, effective from May 1 deliveries. The products affected are Denka AS, Denka ABS, Denka chemical resistance ABS SR series, Denka ABS compounds glass-fibre reinforced, sliding, PC alloy, among others, Denka heat-resistant ABS Malecca, Denka IP, Denka...
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Chemical company Denka decided on October 25 at a meeting of its board of directors to transfer its cement sales business to a newly established wholly owned subsidiary, and to transfer all shares of the new company to Taiheiyo Cement. It also resolved to completely withdraw from the limestone mining and cement manufacturing business by the first half of 2025....
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Denka on October 18 signed a contract with SCG Chemicals (SCGC: headquartered in Bangkok, Thailand) to establish a joint venture company to manufacture and sell acetylene black. The investment ratio is 60 percent for Denka and 40 percent for SCGC. The production facility to be jointly launched by the two companies after the establishment of the joint venture is expected...
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Denka’s chloroprene rubber (CR) business saw full production and sales in fiscal 2021. Demand inquiries remained strong, and sales for automotive, industrial, and adhesive applications were all favorable. Although Denka Performance Elastomer, the company’s U.S. base, was forced to suspend production in September and October as a raw material supplier sustained damages by a hurricane, it started up in November...
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Denka Co. Ltd. (TYO:4061) has posted sales revenue of 384.85 billion yen ($3.02 billion) for fiscal 2021, up 8.6 percent year-on-year; an operating income of 40.12 billion yen, up 15.5 percent; ordinary income of 36.47 billion yen, up 13.5 percent; and net income of 2.01 billion yen, up 14.2 percent. Each of these figures mark new record highs for the...
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