Tokyo, Japan—Tosoh Corporation announced today that it will expand its production capacity for high-silica zeolite (HSZ®), one of its synthetic zeolite lines, at its Nanyo Complex.
To Meet Expanding Demand for Auto Emissions Catalysts
HSZ® characterized by high thermal and acid stability, is primarily used as a catalyst in the petroleum refining and petrochemical industries. Applications in the environmental cleaning field, meanwhile, are growing. HSZ can be used in catalysts for automobile emissions or as an adsorption material for volatile organic compounds (VOCs) to reduce the burden that industry’s operations place on the environment.
Global demand for HSZ in catalysts for automobile emissions in particular is expected to steadily expand as governments in Japan, the United States, and Europe are implementing stricter automobile emission standards for nitrogen oxides (NOx) and hydrocarbons (HC). For this reason the Company made the decision to increase capacity so that HSZ’s superior characteristics could be used to optimally serve this market. Consequently, Tosoh also plans to continue with further development of HSZ for specific use in automobile emissions related applications.
HSZ is among the core products of Tosoh’s Advanced Materials Division. The company began producing HSZ at its Nanyo Complex, in Yamaguchi Prefecture, in 1986. Tosoh built a second HSZ production facility, at its Yokkaichi Complex, in March 2009 and expanded those facilities in March of 2013. The just-announced expansion of the Nanyo Complex’s facilities will add another 50% to the company’s annual HSZ production capacity. Tosoh will use the added capacity to supply growing demand while aiming for a top share of the global HSZ market.
Location: | | Nanyo Complex, Yamaguchi Prefecture, Japan |
Facilities: | | High-silica zeolite manufacturing facilities |
Capacity: | | Approximately 50% Increase |
Investment: | | Approximately JPY 6 billion |
Construction Start: | | May, 2013 |
Construction Completion: | | September, 2014 |
TOSOH CORPORATION
WHO WE ARE
Tosoh Corporation is a Japanese chemical company established in 1935 and listed on the First Section of the Tokyo Stock Exchange. It is the parent of the Tosoh Group, which comprises 132 companies worldwide and a multiethnic workforce of over 11,000 people and generated net sales of ¥668.5 billion (US$7.1 billion at the year-end rate of ¥94.05 to the US dollar) in fiscal 2013, ended March 31, 2013.
WHAT WE DO
Tosoh is one of the largest chlor-alkali manufacturers in Asia. The Company supplies the plastic resins and an array of the basic chemicals that support modern life. Tosoh's petrochemical operations supply ethylene, polymers, and polyethylene, while its advanced materials business serves the global semiconductor, display, and solar industries. Tosoh has also pioneered sophisticated bioscience systems that are used for the monitoring of life-threatening diseases, such as diabetes and certain cancers, and to prevent epidemics by identifying pathogenic microbes. In addition, Tosoh develops products and provides services to purify water and to monitor the environment as part of a commitment to a sustainable future.
Stock Exchange Ticker Symbol: JP: 4042
Disclaimer
This document contains forward-looking statements, including, without limitation, statements concerning product development, objectives, goals, and commercial introductions, which involve certain risks and uncertainties. The forward-looking statements are also identified through the use of the word anticipates and other words of similar meaning. Actual results may differ significantly from the expectations contained in the forward-looking statements.