Product development using proprietary technologies, including hydrogenation technology

「The company is also developing dianhydrides for photosensitive polyimide used in display and semiconductor applications. In recent years, inquiries for the Ricacid® series of dianhydrides for photosensitive polyimide applications and as PFAS alternatives have increased. To respond to further technological innovation in this field, the company will conduct photosensitivity evaluations in-house and propose not only the products as monomers but also functions that can be added to polyimides, such as transparency, flexibility and solvent solubility.」

「Sales of the special aromatic dianhydride for organic EL materials, for which plant prototyping was completed in the 152nd fiscal year, have continued steadily. The research and development division is considering increasing production capacity and designing new facilities in preparation for future market expansion.」

「The company's proprietary special aromatic dianhydrides are seeing new adoption and rapidly expanding demand as materials for organic EL applications and insulating encapsulation resins for EV motors. Improvements in manufacturing processes and analytical methods have enabled the company to meet customers' stringent quality requirements, and it plans to expand into the electrical and electronics fields and others.」

「In line with the business strategies set out in the medium-term management plan launched in April 2021, the company is expanding sales of high-value-added products such as resin raw materials for mobility and electronic materials and resin modifiers for medical equipment.」

「In addition to revising prices in response to higher raw-material prices, we actively worked to expand sales of functional materials, including resin raw materials for mobility and electronic materials and resin modifiers for medical devices, resulting in increased sales.」

「For hydrogenation products, the company proposes various cycloaliphatic compounds with controlled three-dimensional structures by combining its core technologies of selective hydrogenation and separation and purification. These products have been adopted as raw materials for electronic materials such as liquid-crystal panels and as raw materials for polymerization catalysts for environmentally compatible polyolefins. In addition to expanding its own products, the company is actively pursuing contract hydrogenation and has established an operating environment capable of handling volumes ranging from several hundred kilograms to several hundred tonnes.」

「Amid these conditions, our group advanced initiatives to build a highly profitable corporate structure, including strengthening the profitability of its existing and contract businesses, accelerating development of high-value-added products applying core technologies including hydrogenation technology, and making focused investments in business fields with growth potential.」

「To expand the high-value-added products business, we focused on developing new products applying our core hydrogenation technology.」

「Against this backdrop, the Group promoted expansion of its high-value-added product business by using internal and external resources, including actively pursuing new product development based on its core hydrogenation technology and collaboration with other companies.」

「We promoted the expansion of the high-value-added products business by using internal and external resources, including actively pursuing new product development applying our core hydrogenation technology and collaboration with other companies.」

「For hydrogenation products, the company proposes various cycloaliphatic compounds with controlled three-dimensional structures by combining its core technologies of selective hydrogenation and separation and purification. These products have been adopted as intermediates for electronic materials and pharmaceuticals and agrochemicals. The company is proceeding with expanding its hydrogenation product lineup and developing new synthesis processes.」

「In Functional Chemicals, net sales exceeded the previous year, mainly because hydrogenation-related products, functional esters, and lubricants for automotive applications performed well.」

「In Functional Chemicals, hydrogenation-related products, functional esters, and lubricants for automotive applications performed well, with both sales volume and net sales exceeding the previous year.」

「In Functional Chemicals, sales of specialty oils and functional esters, both newly developed products, as well as lubricants for automotive applications and hydrogenation-related products remained strong, resulting in increases in both volume and net sales.」

「We will develop products using proprietary technologies with competitive advantages, including hydrogenation technology, and prevail in competition in the chemical industry.」