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...
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...
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...
Ube posted first half (April-September) results for the fiscal year ending March 31, 2023, showing sales of 244.78 billion yen ($1.75 billion), down 20.2 percent year-on-year; operating income of 8.52 billion yen, down 55.4 percent; ordinary loss of 1.83 billion yen (against a profit of 17.90 billion yen in the same period last year); and net loss of 341 million...
Ube will raise the price of polyamide 6 resin by 80 yen ($0.56) per kilogram for shipments beginning September 15. The move is due to soaring prices of raw materials. The company said that this is the first price revision for this product since April 2022, and is intended to improve business profitability by passing on higher prices for main...
Butadiene rubber (BR) manufacturer Ube has posted its results for the first quarter of fiscal 2022. The company’s sales revenue came to 116.18 billion yen ($871.79 million), down 20.6 percent from the same quarter last year; operating profit was 4.36 billion yen, down 51.1 percent; ordinary profit was 2.3 billion yen, down 74.3 percent; and net profit was 5.74 billion...
