Denka Explained

Denka Company Limited
Type:Public (K.K)
Traded As:
Nikkei 225 Component
Foundation:Tomakomai, Hokkaido, Japan
Founder:Tsuneichi Fujiyama
Location:Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi 2-chome, Chuo-ku, Tokyo 103-8338, Japan
Key People:Shinsuke Yoshitaka
(Chairman and CEO)
Manabu Yamamoto
(President)
Num Employees:5,944 (consolidated, as of March 31, 2018)
Revenue: JPY 395.6 billion (FY 2017) (US$ 3.56 billion) (FY 2017)
Net Income: JPY 23 billion (FY 2017) (US$ 207 million) (FY 2017)
Industry:Chemicals
Footnotes:[1] [2]
formerly is a Japanese chemical company, established in 1915, and headquartered in Tokyo, manufacturing organic and inorganic chemicals, cement, special cement additives, electronic component transfer materials and food packaging materials.[2] The company is listed on the Tokyo Stock Exchange and is a constituent of the Nikkei 225 stock index.[3]

History

In 1912, Tsuneichi Fujiyama founded a carbide business, Hokkai Carbide, in Tomakomai, a village in Hokkaido. One year later, Fujiyama patented his own process of producing cyanamide, the continuous cyanamide process.[4] In 1913, Fujiyama with the help of 22 venture capitalists incorporated a reorganized Hokkai Carbide as Denki Kagaku Kogyo, the current company. Despite its legal status as an independent corporation, Denka was a Mitsui-related company.[5] The company changed its name from Denki Kagaku Kogyo to Denka Company Limited 2015.[6]

Pontchartrain Works

The Pontchartrain Works facility owned by Denka in Reserve, Louisiana has been reported to be emitting chloroprene which is defined as "likely to be carcinogenic to humans" by the EPA.[7] [8] [9] Up to 755 times the safe air value of 0.2 μg/m3 of chloroprene has been recorded at the fifth ward elementary school in close proximity to the plant. The cancer risk in Reserve is 1,500 times the national average and is thought to be due to chloroprene levels. Denka has replied to the reports as being not based on "sound science".[10]

External links

Notes and References

  1. Web site: Company Overview. Denka Company Limited. October 8, 2016.
  2. Web site: Company Profile . . . August 6, 2018 . March 17, 2020 . https://web.archive.org/web/20200317230837/https://asia.nikkei.com/Companies/Denki-Kagaku-Kogyo-Kabushiki-Kaisha . dead .
  3. Web site: Components:Nikkei Stock Average . . July 29, 2014.
  4. Book: Travis, Anthony S. . Nitrogen Capture: The Growth of an International Industry (1900–1940) . April 24, 2018 . . 978-3-319-68963-0 . 85.
  5. Book: Molony, Barbara . Technology and Investment: The Prewar Japanese Chemical Industry . 1990 . . 978-0-674-87260-8 . 141.
  6. Web site: Japanische Denka kauft Hallenser Icon Genetics . August 25, 2017 . Bioökonomie.de . de . . Japanese Denka buys Icon Genetics . August 6, 2018.
  7. News: First slavery, then a chemical plant and cancer deaths: one town's brutal history. Laughland. Oliver. 2019-05-06. The Guardian. 2019-05-07. Lartey. Jamiles. en-GB. 0261-3077. mdy-all.
  8. Web site: 2014 National Air Toxics Assessment. US EPA. OAR. 2018-07-09. US EPA. en. 2019-05-06. mdy-all.
  9. News: Russell . Gordon . The Times-Picayune . The Advocate . In "Cancer Alley," Toxic Polluters Face Little Oversight From Environmental Regulators . 25 December 2019 . . 19 December 2019.
  10. News: 'Almost every household has someone that has died from cancer'. Lartey. Jamiles. The Guardian. 2019-05-06. 2019-05-06. Laughland. Oliver. en-GB. 0261-3077. mdy-all.

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