Kureha Corporation Explained

Kureha Corporation
Native Name:株式会社クレハ
Native Name Lang:ja
Type:Public KK
Isin:JP3271600003
Hq Location City:Nihonbashi, Chuo-ku,Tokyo, 103-8552
Hq Location Country:Japan
Key People:Yutaka Kobayashi
(President and CEO)
Industry:Chemicals
Revenue: JPY 147.3 billion (FY 2017) (US$ 1.39 billion) (FY 2017)
Net Income: JPY 9.7 billion (FY 2017) (US$ 91.5 million) (FY 2017)
Num Employees:4,374 (consolidated, as of March 31, 2018)
Area Served:Worldwide
Footnotes:[1] [2]

is a Japanese manufacturer of specialty chemicals, polymers and agrichemicals.[3]

Corporate affairs

Kureha Chemical Industries is a member of the Mizuho keiretsu.

Products

Polyglycolic acid

One of the company's long-term investments is in polyglycolic acid (PGA). The company developed a mass scale manufacturing technique for the chemical, which has been a development project of the company since the early 90s. The company has stated a strategy of committing to invest in PGA for a long period, patiently waiting for market demand to develop. To manufacture PGA, the company invested 100 million in a manufacturing facility in Belle, West Virginia to be located nearby a Dupont plant that produces glycolic acid, a primary feedstock for PGA.[4]

Polyphenylene sulfide

Kureha is the world's largest producer of polyphenylene sulfide, a heat-resistant polymer is used in industrial applications such as automotive electronics.[4] The polymer its produced at the company's site in Iwaki, Japan[5] and in Wilmington, United States by Fortron Industries, a joint venture of Kureha and Celanese.[6]

External links

Notes and References

  1. Web site: Corporate Profile . Kureha Corporation . November 21, 2018.
  2. Web site: About the company . . December 19, 2018.
  3. Book: Umemura, Maki . The Japanese Pharmaceutical Industry: Its Evolution and Current Challenges . March 2, 2011 . . 978-1-136-82825-6 . 79.
  4. News: Kureha's Gamble: Japanese firm goes to West Virginia to build novel chemical plant . . Michael . McCoy . Analyst (London) . April 28, 2008 . November 21, 2018 . 0009-2347.
  5. News: Business Roundup . Analyst (London) . Chemical & Engineering News . April 9, 2018 . November 21, 2018 . 0009-2347 . 96 . 15.
  6. News: Celanese increases Fortron PPS productiont . Composites World . Gardner Business Media . August 16, 2010 . November 21, 2018.