Air Water (4088) · InitiativeAchieved
Transfer of the Coke Oven Gas Purification and Byproduct Sales Business
First written in FY2018. 1 of 2 entries say "Achieved", first in FY2020-Q1. Latest entry: FY2020-Q1.
2entries
2years
0from disclosures
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Transfer of the Coke Oven Gas Purification and Byproduct Sales BusinessA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2020-Q1AchievedAnnual report
「The transfer was completed on 1 April 2019.」
The transfer of the coke oven gas purification business and by-product sales business was completed on 1 April 2019, and the businesses were treated as discontinued operations. - FY2018First statedAnnual report
「On 2 March 2018, the company entered into an agreement with Nippon Steel & Sumitomo Metal Corporation (新日鐵住金) and Nippon Steel & Sumikin Chemical Co., Ltd. (新日鉄住金化学) to transfer the coke oven gas purification business, which was part of the chemicals-related business, and the business of selling by-products separated during the purification of that coke oven gas.」
A business transfer agreement was signed for the coke oven gas purification and by-product sales business, which is heavily dependent on market conditions, supply and demand fluctuations, and steelworks operating trends, with 1 April 2019 set as the planned transfer date.