Construction of a Functional Materials Plant in Haining, China
First written in FY2022. 4 of 6 entries say "Advanced", first in FY2023-Q1. Latest entry: 2026-05-01.
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- 2026-05-01AdvancedGeneral Meetings of Shareholders
「To create new businesses, we are currently constructing a new research center and aim to begin operations by early 2027.」
The expansion of R&D facilities includes construction of a new research center, with operations targeted to begin in early 2027. - FY2024AdvancedAnnual report
「莫莱斯柯（浙江）功能材料有限公司 invested ¥1,495 million in the construction of a specialty lubricant production plant.」
Investment during the fiscal year in the construction of the Haining specialty materials plant totaled ¥1,495 million, and the carrying amount of the equipment reached ¥1,948 million. - FY2024-Q2AdvancedAnnual report
「Production of specialty lubricants currently carried out by the company is scheduled to be transferred in stages to 莫莱斯柯（浙江）功能材料有限公司, which is currently under construction in Haining, Zhejiang Province.」
The role of the Haining specialty materials plant in gradually transferring specialty lubricant production from 無錫徳松 was clarified, and a plan was also presented for it to become the surviving company in a three-company integration. - FY2023Changes to investment execution and scheduled completionAnnual report
「In China, the company invested ¥459 million in 莫莱斯柯（浙江）功能材料有限公司 to construct a specialty lubricant production plant. 莫莱斯柯 (浙江)功能材料有限公司 China Haining, Jiaxing, Zhejiang Plant construction ¥1,860 million ¥479 million Internal funds and borrowings December 2022 November 2023 20,000 t/year」
The company invested ¥459 million in the specialty materials plant in Haining. The equipment plan totaled ¥1,860 million, ¥479 million had already been paid, completion was scheduled for November 2023, and additional capacity was 20,000 t/year. The investment amount and scheduled completion date changed from the previous plan. - FY2023-Q1AdvancedAnnual report
「From the beginning of the cumulative first quarter of the fiscal year, the newly established 莫莱斯柯（浙江）功能材料有限公司 has been included in the scope of consolidation.」
莫莱斯柯（浙江）功能材料有限公司, established in connection with the specialty materials plant project in Haining, China, was newly included in the scope of consolidation. - FY2022First statedAnnual report
「莫莱斯柯（浙江）功能材料有限公司 China Haining, Jiaxing, Zhejiang Plant construction ¥1,470 million Internal funds and borrowings December 2022 June 2023 20,000 t/year」
The company planned to construct a specialty materials plant through a new company in Haining, China, with completion scheduled for June 2023, additional capacity of 20,000 t/year after completion, and total investment of ¥1,470 million.