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,...
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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...
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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...
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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...
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Chemical company Ube, Osaka Metropolitan University, and Nippon Steel have been selected by the New Energy and Industrial Technology Development Organization (NEDO) as part of the “Development of Carbon Recycling and Next-Generation Thermal Power Generation Technology / Promotion Project for Carbon Recycling and Next-Generation Thermal Power Generation / Common Basic Technology Development for Carbon Recycling Technology” to develop a one-step...
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With a view to further expanding its chemical business in the U.S., chemical manufacturer Ube has reorganized its chemical business affiliates there and established a new subsidiary to serve as a control company, Ube Corporation America. Under its medium-term management plan, “Ube Vision 2030 Transformation – 1st Stage,” the company has set “pursuit of global profit growth centered on specialty...
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