Showa Denko to License Vinyl Acetate Monomer Technology to Shenghong Refining Petrochemical, China. (SRP).
The Showa Denko Group has a vision of becoming a corporate group of Koseiha businesses (individualized businesses), which can maintain high levels of profitability and stability in each business sector, and aims to make more than half of its business sectors Koseiha businesses by 2025. In its Petrochemicals segment, which operates organic chemicals business including VAM production, the Group has been making effort to strengthen its business character in order to maintain high profitability which is resistant to market fluctuation. Toward the future, SDK will continue aiming to make its petrochemicals business the most competitive one in East Asia by enhancing competitiveness of Oita Petrochemical Complex through commercialization of new derivatives and expanding its licensing business.
About Showa Denko K.K.
Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY), a major manufacturer of chemical products, serves a wide range of fields from heavy industry to electronics and computer industries. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, and the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory and graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high-bright LEDs and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.
Source: Showa Denko K.K.
Showa Denko K.K., Public Relations Office, Tel: 81-3-5470-3235
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