Tosoh Corp. (TYO:4042) has formulated a new policy aimed at achieving carbon neutrality. The policy here looks to reduce greenhouse gas emissions from the entire Tosoh Group, and follows the Japanese government’s recent moves to declare carbon neutrality for 2050 and revise the country’s 2030 emissions reduction target. Under this new policy, Tosoh has laid out a strategy to reduce...
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...
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...
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