denka

Denka to Supply Raw Materials for Potential COVID-19 Treatment Avigan

Denka Co. Ltd. (TYO:4061) recently announced that it has decided to supply diethyl malonate, a raw material for anti-flu drug Avigan, in response to a request from the Japanese government. Also known as favipiravir, Avigan is being touted as a potential treatment for COVID-19 patients. This diethyl malonate production is slated to start in May at Denka’s Omi Plant in...

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Denka Makes Downward Revision to Business Estimates Amid Sluggish Sales, Coronavirus Outbreak

Denka Co. Ltd. (TYO:4061) recently announced that it has downwardly revised its projected business results for fiscal 2019. Explaining its decision here, Denka noted first that it has seen sluggish sales trends for chloroprene rubber (CR) amid the U.S.–China trade war. The chemical company has also looked to account for the novel coronavirus to some extent, expecting that this will...

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Denka Finishes Construction of Omuta Innovation Hub

Denka Co. Ltd. (TYO:4061) has announced that it recently finished construction of the Omuta Innovation Hub, a new integrated office located at the company’s Omuta Plant in Fukuoka Prefecture. Established in 1916, the Omuta Plant began operations as an inorganic chemicals factory within an Omuta coal complex zone, producing carbide and lime nitrogen fertilizer. The plant later developed high-temperature processing...

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Denka Subsidiary Moves to Develop Coronavirus Test Kit

Chemical manufacturer Denka Co. Ltd. (TYO:4061) announced on Feb. 13 that consolidated subsidiary Denka Seiken Co. Ltd. has started development of a diagnostic test kit for China’s novel coronavirus. Making use of the immunochromatography method for coronavirus antigens, the kit can be used quickly and simply even at general medical facilities. Since its establishment in 1950, Denka Seiken has been...

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Denka Develops New Acrylic Elastomer With Heat Resistance at up to 190 Degrees Celsius

Denka Co. Ltd. (TYO:4061) has developed a new line of special acrylic elastomer with the ability to withstand temperatures of up to around 190 degrees Celsius. The material is currently undergoing user evaluations and is slated to hit the market at some point in fiscal 2020. Plans are to produce the new elastomer at Denka’s Chiba Plant in Ichihara, Chiba...

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Denka to Withdraw From EVA Emulsion, Vinyl Acetate Resin Businesses

Denka Co. Ltd. (TYO:4061) recently announced that it is planning a business withdrawal for ethylene–vinyl acetate (EVA) emulsion and vinyl acetate resin. The company intends to stop its operations here by August 2021. Denka has been producing and selling these two materials since the 1970s, and has worked constantly to cut costs while pursuing a number of other business improvements....

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