{"id":8398,"date":"2012-04-25T00:00:00","date_gmt":"2012-04-24T15:00:00","guid":{"rendered":"http:\/\/shokubai.mediawars.ne.jp\/en\/news\/201204258398\/"},"modified":"2022-10-25T16:12:56","modified_gmt":"2022-10-25T07:12:56","slug":"nippon-shokubai-transfers-its-production-of-organic-solvent","status":"publish","type":"news","link":"https:\/\/www.shokubai.co.jp\/en\/news\/201204258398\/","title":{"rendered":"NIPPON SHOKUBAI transfers its production of organic solvent"},"content":{"rendered":"\n<p><br>NIPPON SHOKUBAI CO., LTD. [Headquarters: OSAKA, JAPAN, Representative:Masanori Ikeda, TOKSE:4114.T ] (\u201cNIPPON SHOKUBAI\u201d) announces that NIPPON SHOKUBAI has determined to finish its production of organic solvent based acrylic resins at Suita Plant and to transfer it to Nippon Polymer Industry Co., Ltd. [Headquarters and Plant: Himeji, Hyogo, JAPAN; Representative: Hideyuki Tahara](\u201cNPI\u201d) described as follows.<br><br>1. Background<br>NIPPON SHOKUBAI has been taking actions to achieve its corporate vision, \u201cA chemical company providing new values through innovative technologies\u201d based on its long- term business plan, \u201cTechnoAmenity 2015\u201d started from the fiscal year ended March 31, 2011.<br>Under the business plan, NIPPON SHOKUBAI thinks that to reinforce its current acryl derivatives business is an important issue. To achieve it, it is necessary to upgrade its position in the acrylic polymers market and to improve its profitability. As a part of it, NIPPON SHOKUBAI made NPI a consolidated subsidiary from April 2011.<br>For further reinforcement of the acrylic polymer business, NIPPON SHOKUBAI determined to finish its production of organic solvent based acrylic resins at Suita Plant and to transfer it to NPI.<br><br>2. Company profile of NPI<br>\u3010Company name\u3011 Nippon Polymer Industry Co., Ltd.<br>\u3010Headquarters\u3011 2114 Okihama, Aboshi-ku, Himeji, Hyogo, JAPAN<br>\u3010Established\u3011 September 22, 1971<br>\u3010Main business\u3011 Production and sales of synthetic resins and related products<br>\u3010Capital\u3011 100 million yen<br>\u3010Net sales\u3011 9,954 million yen (Fiscal year ended March 31, 2012)<br>\u3010Employees\u3011 93 persons (Fiscal year ended March 31, 2012)<br><br>3. Schedule<br>For the production transfer to NPI, NIPPON SHOKUBAI will unify and abolish the types of products. NIPPON SHOKUBAI will accomplish the above mentioned unification, abolition and production transfer within about one year, and will finish the production at Suita plant. NIPPON SHOKUBAI continues sales activities of the products.<br><br>4. Financial impact to NIPPON SHOKUBAI<br>NIPPON SHOKUBAI continues the production at Suita Plant until the completion of the transfer. This action will make no impact to NIPPON SHOKUBAI\u2019s consolidated financial results for the fiscal year ending March 31, 2013.<br><br>Contacts<br>NIPPON SHOKUBAI CO.,LTD.<br>Investor &amp; Public Relations Dept.<br>TEL:+81-3-3506-7477<\/p>\n\n<div class=\"cbox\">\n<!--_image_-->\n<\/div>\n\n<div id=\"file\">[Files]<br><ul><li><a href=\"\/en\/upimage\/file1_0028.pdf\" target=\"_blank\" rel=\"noopener\">NIPPON SHOKUBAI transfers its production of organic solvent<\/a><\/li><\/ul><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NIPPON SHOKUBAI CO., LTD. [Headquarters: OSAKA, JAPAN, Representative:Masanori Ikeda, TOKSE:4114.T ] (\u201cNIPPON  [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"cat_news":[],"class_list":["post-8398","news","type-news","status-publish","format-standard","hentry"],"aioseo_notices":[],"acf":{"link_type":"detail","contact_info":"none","is_important":false,"is_show_top":false,"is_noindex":false},"_links":{"self":[{"href":"https:\/\/www.shokubai.co.jp\/en\/wp-json\/wp\/v2\/news\/8398"}],"collection":[{"href":"https:\/\/www.shokubai.co.jp\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.shokubai.co.jp\/en\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/www.shokubai.co.jp\/en\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":1,"href":"https:\/\/www.shokubai.co.jp\/en\/wp-json\/wp\/v2\/news\/8398\/revisions"}],"predecessor-version":[{"id":8430,"href":"https:\/\/www.shokubai.co.jp\/en\/wp-json\/wp\/v2\/news\/8398\/revisions\/8430"}],"wp:attachment":[{"href":"https:\/\/www.shokubai.co.jp\/en\/wp-json\/wp\/v2\/media?parent=8398"}],"wp:term":[{"taxonomy":"cat_news","embeddable":true,"href":"https:\/\/www.shokubai.co.jp\/en\/wp-json\/wp\/v2\/cat_news?post=8398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}