tosoh

Tosoh Pursues Price Increase of 16 Yen or More for All Polyethylene Resins

Chemicals company Tosoh Corp. (TYO:4042) is set to revise its prices for polyethylene resin. Scheduled to come in for deliveries beginning Nov. 1, the change will increase the prices of Tosoh polyethylene resin products by at least 16 yen ($0.14) per kilogram. Addressing its reasoning for the decision, Tosoh noted that the price of domestically produced naphtha – a key...

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Tosoh to Hike Prices on All Polyethylene Resin Products Starting November

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...

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Tosoh Added to Sustainable Investment Indices

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...

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Tosoh Shows Lowered Business Results Across the Board for Q2

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...

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Bando Chemical, Tosoh Receive NEDO Backing to Develop New Production Technologies for Transmission Belts

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...

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Tosoh Announces New South Korean JV to Produce Silica for Fuel-Efficient Tires

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...

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