|
|
|
|
|
TOKYO, Dec 9, 2020 - (JCN Newswire) - Shanghai Showa Chemicals Co., Ltd. (SSC), a Chinese subsidiary of Showa Denko K.K. (SDK; TSE:4004), established a branch in Xi'an, Shaanxi Province, China, and started operation of the branch in December 2020, aiming to strengthen its business to sell and distribute high-purity gases for electronics in China. The new branch is SSC's third business base in China to sell and distribute high-purity gases for electronics, following those in Shanghai and Wuhan.
The demand for semiconductors has been increasing due to the spread of the 5th generation mobile communication systems (5G) and cloud computing services, and increase in the amount of communicated data resulting from the rise in distribution of movie contents. The Chinese market for semiconductors has been expanding very rapidly due to the Chinese government's policy to nurture the electronics industry. Also SDK's high-purity gas business in China has been growing very rapidly because of the rapid expansion of the Chinese market.
SDK has been taking positive measures to expand its high-purity gas business in China, including establishment of Wuhan Branch (a base to sell and distribute high-purity gases), expansion of the premises of Shanghai Plant for establishment of additional production facilities and hazardous chemicals warehouses, and establishment of a joint corporation in Chengdu. This time, we established the new branch in Xi'an as a base to sell and distribute high-purity gases, aiming to upgrade our customer service and strengthen our system that ensures stable supply of high-purity gases.
The Showa Denko Group's Vision is to make itself a "KOSEIHA Company" (a group of KOSEIHA Businesses that can maintain profitability and stability at high levels over a long period), and the Group positions its business to produce and sell high-purity gases for electronics as a KOSEIHA Business. We will continue to make "thorough customer orientation" and "local consumption of locally produced products" our basic policies, aiming to maximize customer experience. And we will expand our business to produce and sell high-purity gases for electronics by responding positively to the lasting vigorous demand for high-purity gases.
[Outline of the new branch]
(1) Branch name: Xi'an Branch, Shanghai Showa Chemicals Co., Ltd.
(2) Location: Gaoxin District, Xi'an, Shaanxi Province, China,
(3) Establishment: August 28, 2020
(4) Scope of business: Sale of high-purity gases for electronics and other chemicals
(5) Representative: Yoshinori Ohara (President, Shanghai Showa Chemicals Co., Ltd.)
About Showa Denko K.K.
Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. 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, the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory/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/.
Contact:
Showa Denko K.K., CSR & Corporate Communication Office, Tel: 81-3-5470-3235
Topic: Press release summary
Source: Showa Denko K.K.
Sectors: Electronics, Chemicals, Spec.Chem
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
| Showa Denko K.K. |
| Aug 4, 2022 14:00 HKT/SGT |
|
Showa Denko Announces 2022 2Q Consolidated Financial Results |
| Aug 3, 2022 14:00 HKT/SGT |
|
Showa Denko Revises Forecast of Consolidated Performance |
| June 29, 2022 12:00 HKT/SGT |
|
Showa Denko Concludes MOU with SK Inc. to Give Consideration to a Plan to Cooperatively Produce High-Purity Gases for Semiconductors in North America |
| June 28, 2022 10:30 HKT/SGT |
|
SDK and Microwave Chemical Start Joint Development of New Microwave-based Chemical Recycling Technology to Directly Transform Used Plastic into Basic Chemical Feedstock |
| May 26, 2022 14:00 HKT/SGT |
|
Showa Denko Announces Record Date for Extraordinary Shareholders' Meeting |
| May 26, 2022 14:00 HKT/SGT |
|
Showa Denko to Consider Simplified Absorption-type Company Split |
| May 26, 2022 11:00 HKT/SGT |
|
Showa Denko Starts Shipment of Newly Developed HD Media for Record-breaking 26TB Near-line HDD |
| May 24, 2022 17:00 HKT/SGT |
|
Showa Denko's Program for 8-inch SiC Wafers for the Next-generation Green Power Semiconductor selected for NEDO's Green Innovation Fund Projects |
| May 11, 2022 14:00 HKT/SGT |
|
Showa Denko Announces 2022 First Quarter Financial Results |
| Apr 27, 2022 10:30 HKT/SGT |
|
Showa Denko Decides to Raise Chloroprene Rubber Price |
| More news >> |
 |
|
|
|
