Taiyo Vinyl Corporation to Increase Polyvinyl Chloride Production at Chiba Plant
Tokyo, Japan—Tosoh Group subsidiary Taiyo Vinyl Corporation will increase the annual polyvinyl chloride (PVC) production capacity at its Chiba plant by 10,000 metric tons. New production facilities for the expanded capacity should be completed in October 2014.
Vital supply hub
The Chiba plant is a vital supply hub for Taiyo Vinyl. It ships PVC to over 50% of the subsidiary’s customers located in the Kanto region of Japan, which includes Tokyo. Replacing its aging production facilities with state-of-the-art facilities improves safety, enhances production efficiencies, stabilizes supply, and raises the plant’s ability to meet increasing demand. Taiyo Vinyl and its parent company, Tosoh Corporation, look forward to utilizing the capacity increase to serve in particular the enormous need for PVC in support of the ongoing recovery effort in the region of Japan destroyed by the Great East Japan Earthquake.
Taiyo Vinyl Corporation is located in Tokyo and was established in November 1994 with capital of ¥6 billion. Tosoh Corporation retains 68% equity in this subsidiary company.
| 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 140 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: 4042 |
| |
| DISCLAIMER |
| This document may contain 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. |
For more information, please contact
Lisa Lee
International Public Relations
Tosoh Corporation
[email protected]
Tel: +81 3 5427 5118
Fax: +81 3 5427 5198