JGC
  |  
Terms of Use
  |  
Site Map
  |  
  |  
Contact Us
  |  
Home
  |  

News Release 2008
 
Others

01MAY2008

Decision Made to Merge CCIC and NCC with Aim of
Producing Integrated Catalysts and Fine Chemicals Products

Yokohama, Japan - JGC Corporation announced it will merge its wholly-owned subsidies Catalysts & Chemicals Industries Co., Ltd. (CCIC), and Nikki Chemical Co., Ltd. (NCC), effective as of July 1, 2008. The new company will be called JGC Catalysts & Chemicals Ltd.

From April 2006, with the implementation of the “Scenario 2010” medium-term management plan, JGC has been engaged in the expansion of its non-EPC business, including investment and manufacturing. Catalysts and Fine Chemicals Product Operations make up the core of the company’s non-EPC business and it was therefore recently decided to merge CCIC and NCC with the aim of further strengthening and expanding these businesses.

CCIC is engaged primarily in catalyst manufacturing centering on petroleum refining catalysts (FCC catalysts, hydro-processing catalysts De-Nox catalysts and fine chemicals (cosmetic ingredients, optical materials, materials for liquid crystal and other types of displays, materials for semiconductors, etc.), adopting nanotechnology for catalyst production.

NCC concentrates on developing, manufacturing, and selling chemical catalysts (hydrogenation catalysts, de-hydrogen catalysts, solid base catalysts, absorbing agent for gas purification, etc.), cathodic materials for rechargeable batteries, and environmental purification catalysts.

   
 
In merging the two companies, the intention is to reinforce the following:
  [1] Fusion of proprietary techniques and R&D facilities, and accelerating R&D through qualitative and substantive expansion;
  [2] Expansion of production capability by means of a two-factory system and a reduction in production risks; and
  [3] Expanding the scope of business and stabilization of management base fulfillment by focusing on three main operations (petroleum refining catalysts, chemical catalysts, and fine chemicals products).
   
  It is anticipated that in fiscal year 2010 the new company will achieve ¥50 billion in sales. The company intends to have sales leap to ¥100 billion in the manufacture of integrated catalysts and fine chemicals products through the acceleration of overseas development alongside development, manufacture, enhancement, and expansion of functional hybrid materials in addition to catalysts manufactured to date.
   
  Profile of New Company
   
 
JGC Catalysts & Chemicals Ltd.
President: Michio Komatsu (representative director and president)
  Head office: Kawasaki-shi, Kanagawa Pref., Japan
  Capital: ¥1.8 billion
  Shareholders: JGC (100 %)
   
  Profiles of Merged Companies:
   
 
1) Catalysts & Chemicals Industries Co., Ltd.
President: Michio Komatsu (representative director and president)
  Head office: Kawasaki-shi, Kanagawa Pref., Japan
  Manufacturing plant
and Laboratories:
Kita Kyushu-shi, Fukuoka Pref., Japan
  Established: July 21, 1958
  Capital: ¥800 million
  Shareholders: JGC (100 %)
  Sales: ¥25.1 billion (through March 2007)
  Number of employees: 405 (as of April 1, 2008)
   
 
2) Nikki Chemical Co., Ltd.
President: Mitsuo Kojima (representative director and president)
  Head office: Kawasaki-shi, Kanagawa Pref., Japan
  Manufacturing plant
and Laboratories:
Niigata-shi, Niigata Pref., Japan
  Established: August 8, 1952
  Capital: ¥1 billion
  Shareholders: JGC (100 %)
  Sales: ¥7.7 billion (through March, 2007)
  Number of employees: 146 (as of April 1, 2008)
   

NEWS inquiries - Click here


[2017] [2016] [2015] [2014] [2013] [2012] [2011] [2010] [2009] [2008]

 
 
[PAGE TOP]
Copyright ©from 1996 JGC CORPORATION All rights reserved.