Nikka Chemical

Nikka Chemical announced on October 27, 2017, it will invest about 3.6 billion yen to build a new chemical plant in Kamisu, Ibaraki Prefecture, Japan. Construction is set to begin in April 2018, with operation targeted for July 2019. The plant will produce water-based urethane resin and surfactants, with a combined annual capacity of 4,000 tonnes.

Nikka Chemical postponed the planned closure of its Kanto Plant in Asahi City, Chiba Prefecture, from an earlier date to fiscal year 2020 or later, due to increased orders for products that can only be made there.

Nikka Chemical announced plans for the second phase of construction at its Kashima Plant in Kamisu City, Ibaraki Prefecture, including a new factory building and manufacturing facilities for surfactants and special resins, with an investment of approximately 36 billion yen.