Toagosei announced the reorganisation of production sites at its consolidated subsidiary. Production of powdered anionic polymer flocculants will be consolidated at the Sakaide Plant, while production of liquid polymer flocculants will be consolidated at the Nagoya Plant, with operations scheduled to start from autumn 2027 and 2028, respectively. GSI Creos also announced that it will start business development activities in South Africa.
MT Aqua Polymer, a consolidated subsidiary of Toagosei, announced that it will install new equipment at the Sakaide and Nagoya plants to improve the production efficiency and ensure stable supplies of polymer flocculants. Production of powdered anionic polymer flocculants will be consolidated at the Sakaide Plant from the Mobara Plant and an external contractor. The new equipment is scheduled to start operating from autumn 2027. Production of liquid polymer flocculants will be transferred from the Mobara Plant to the Nagoya Plant, where the new equipment is expected to start operating from January 2028.
Meanwhile, GSI Creos announced that its German subsidiary, GSI Europe, had started business development activities in South Africa to create opportunities in the African market and strengthen customer engagement. In the initial stage, it will operate the activities as part of its business development function without establishing a local entity or registered branch. It aims to establish a base in Africa and expand the market in the future. The impact on the share price is currently expected to be limited.