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Mitsubishi Chemical: Restart of Kashima Complex Could Take 'Some Time'
Mitsubishi Chemical says that operations at its Kashima, Japan manufacturing complex will not resume for some time because of severe damage to piers at the adjacent port, and to other infrastructure, caused by the earthquake and tsunami that struck the...

Mitsubishi Plastics acquires full ownership of engineering plastics business
Mitsubishi Plastics (Tokyo) says that it has acquired a 50% stake in Aquamit (Amsterdam) from the Quadrant Founders Group, and that Aquamit became a wholly owned subsidiary of Mitsubishi Plastics on 21 May. Aquamit is a holding company of Quadrant (Lenzburg...

Japanese companies report lower earnings
Most leading Japanese chemical companies reported lower earnings and sales for the fiscal year, ended 31 March. The slowing global economy; weak demand in overseas markets, including China; and the continued appreciation of the Japanese currency affected each...

Kaneka records rise in profits
Kaneka (Osaka) recorded a 72.6% rise in net profits for its fiscal year ended 31 March compared with the previous fiscal year, to ¥9.32 billion ($91 million). Full-year sales increased 1.5%, to ¥476.4 billion.  During the fiscal year, the global...

Ube announces business plan, will invest $1.37 billion over the next 3 years
Ube Industries has unveiled a new medium-term management plan for the next three years. Ube is targeting operating profits of ¥55 billion ($540 million) in the fiscal year ending 31 March 2016 compared with operating profits of ¥29.9 billion in the...

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