NIPPON SHOKUBAI Announces a Change of the Name of a Subsidiary in the USA
NIPPON SHOKUBAI CO., LTD. [Headquarters: Chuo-ku, Osaka; President: Masanori Ikeda, TSE:4114] (“Nippon Shokubai”) announces that NA Industries, Inc., a subsidiary in the USA, changed its company name to Nippon Shokubai America Industries, Inc. (“NAII”) on January 1, 2016.
1. Background of the change
Under the “strengthening of group management” listed in the long-term business plan, “Reborn Nippon Shokubai 2020”, the Company changed the name of its subsidiary in the USA to Nippon Shokubai America Industries, Inc. which bears “Nippon Shokubai” in the name, aiming to foster a sense of unity as a member of the Group and further global expansion.
2. Outline of NAII
Company name: Nippon Shokubai America Industries, Inc.
Location: (HQ, Plant) Houston, Texas, the USA
(Plant) Chattanooga, Tennessee, the USA
President: Takumi Hatsuda
Established: January 1988
Capital: 100 million US dollars – paid in capital, 100% owned by Nippon Shokubai
Business: Production and sales of Superabsorbent polymers, polymers for concrete admixture, acrylic polymers and so on
Number of employees: 119 as of December 31, 2015
【Contacts】Investor & Public Relations Dept.
NIPPON SHOKUBAI CO., LTD.
TEL: +81-3-3506-7605 E-mail: shokubai@n.shokubai.co.jp