14
2017.6.2000 URL http://www.shokubai.co.jp/en/ Osaka Ofce Kogin Bldg., 4-1-1 Koraibashi, Chuo-ku, Osaka 541-0043, Japan Telephone +81-6-6223-9111 Facsimile +81-6-6201-3716 Tokyo Ofce Hibiya Dai Bldg., 1-2-2 Uchisaiwai-cho, Chiyoda-ku, Tokyo 100-0011, Japan Telephone +81-3-3506-7475 Facsimile +81-3-3506-7598 COMPANY PROFILE This brochure is produced with ecological paper*. *Forest certied paper

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Page 1: COMPANY PROFILE - Shokubai · PDF fileCOMPANY PROFILE This brochure is ... Superabsorbent polymers Maleic anhydride & Derivatives Resins for paints & adhesives ... Functional Chemicals

2017.6.2000

URL http://www.shokubai.co.jp/en/

Osaka OfficeKogin Bldg., 4-1-1 Koraibashi, Chuo-ku, Osaka 541-0043, JapanTelephone +81-6-6223-9111Facsimile +81-6-6201-3716

Tokyo OfficeHibiya Dai Bldg., 1-2-2 Uchisaiwai-cho, Chiyoda-ku, Tokyo 100-0011, JapanTelephone +81-3-3506-7475Facsimile +81-3-3506-7598

COMPANY PROFILE

This brochure is produced with ecological paper*. *Forest certified paper

Page 2: COMPANY PROFILE - Shokubai · PDF fileCOMPANY PROFILE This brochure is ... Superabsorbent polymers Maleic anhydride & Derivatives Resins for paints & adhesives ... Functional Chemicals

01 02

President Yujiro Goto

Message

The Nippon Shokubai Group has targeted the following goal in the run-up to fiscal 2025: Becoming “An

innovative chemical company that provides new value for people’s lives” and has since been promoting our

long-term business plan for the period between fiscal 2014 and 2020 called “Reborn Nippon Shokubai 2020”.

We renamed the latter-half medium-term business plan as “Reborn Nippon Shokubai 2020 NEXT” and is set for

roll-out over four years: starting from fiscal 2017, expressing our aspiration to accomplish our true regeneration

toward transformation and leap for the next generation, while leveraging the basic principle above.

Under the company credo: “Safety takes priority over production”, we will continue to advocate a policy which

cites safety and stable operation as our key management base and aim to become “A company gaining further

public trust as a responsible chemical company”. While further reinforcing our existing business fields, we will

also focus on sustained growth by challenging new fields where we can leverage our strength with a sense of

urgency as well as performance chemicals, green energy materials, health and medical fields.

Despite finding ourselves within the so-called era of uncertainty or one in which we are never sure what may

happen, our Group will be strongly implementing our Group mission: “ – Providing

affluence and comfort to people and society, with our unique technology” by precisely grasping social needs and

creating new products and services to provide in a timely manner.

We would appreciate your continued understanding and cooperation.

We are deeply dedicated to humanity and the innate human values of sincerity and honesty. We respect the unique traits and worldview of each individual, embracing diversity and

working to promote mutual understanding and trust. We recognize that it is the human spirit and point of view that shapes our understanding of management and our actions. A deep respect for humanity is the foundation for all of our corporate activities.

We work to create sustainable societies. We believe it is our corporate social responsibility to develop positive relationships with all of our stakeholders, as well as with the global environment.

We deliver new value that benefits people and society and are dedicated to working as a unified team to develop technology that will open the door to the future.

By working to expand our business worldwide, we aim to realize our           mission of “providing affluence and comfort to people and society,” around the world.

Corporate Mission / Management Commitment

Providing affluence and comfort to

people and society, with our unique technology

Corporate Credo

We conduct all of our corporate activities based upon a deep respect for humanity.

We aim at coexisting with society, and working in harmony with the environment.

We pursue technologies that will create the future.

We act on the global stage.

Safety takes priority over production.

Nippon Shokubai Group Mission

Management Commitment

Corporate MissionManagement Commitment Corporate Credo

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03 04

Toward “affluence and comfort”;takes one step

further to the next stage.

Vision for 2025"An innovative chemical company that provides new value for people’s lives"

Ethylene OxideBusiness Division

BasicChemicals

FunctionalChemicals

Environment& catalysts

SuperabsorbentsBusiness Division

PerformanceChemicals

Business DivisionAcrylic

Business DivisionCatalysts & Green Energy

Materials Business Division

Description of Business

Take on the challenge of creating new value by developing new products andbusiness through our advanced technologies and our creativity

Deliver the new values globally through our unique products and technologies

Manufacture products that embody new value and feature the highest safety and productivity

Create new value that contributes to the global environment

Create new value by promoting dynamism and diversity inthe workplace throughout all Group companies

Ethylene oxide (EO)Ethylene glycolEthanolamine

Secondary alcohol ethoxylates

Polymers for concrete admixture

Water-soluble polymers

Acrylic acidAcrylates

Specialty acrylatesSpecialty methacrylates Superabsorbent polymers

Maleic anhydride &Derivatives

Resins for paints &adhesives

Acrylic resin for optical materials

Electrolyte Sheets for SOFC (Solid Oxide Fuel Cell)Automotive catalysts

De-NOx & dioxinsdecomposition catalysts

Process catalysts

Our thoughts applied in the become our unique technology;

creating ethylene oxide and acrylic acid, which have progressed and been developed

into superabsorbent polymer and E&I materials. These technologies remain with

you through our various products such as disposable diapers, household detergents,

building materials, fuel cells, liquid crystal displays and automobiles, etc.

Nippon Shokubai will continue to provide affluence and confort to people

and society in wide-ranging fields.

Shaping our thoughts;Our technologies for people’s affluent lives.

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05 06

Adhesives and tackifiers (Acrylates)PET resins (Ethylene glycol)

Paints (Acrylates)

Printing ink (Acrylates)Synthetic detergents (SOFTANOL)

Polyester fibers (Ethylene glycol)

Nippon Shokubai’s basic chemical products have been developed based on its unique oxidation technology.

Ethylene oxide, which is utilized in a wide range of applications from detergents to building materials, was the first material in

Japan to mark an industrialized success via 100% homegrown technology. Acrylic acid, which is used as a raw material in

superabsorbent polymers, paints as well as adhesives and tackifiers, was also developed by establishing a method of

propylene direct oxidation* – another world first – and a technology that has been widely adopted among leading overseas

acrylic acid manufacturers.

Product lines said to be the basis of Nippon Shokubai

have prompted a global response to people worldwide.

This page is beautiful!

Clean and comfortable life

for you

Basic Chemicals Business

Ethylene OxideBusiness Division

AcrylicBusiness Division

* An oxidation method in which propylene and oxygen are directly oxidized via a catalyst

Fabric detergents (Ethylene oxide, Ethanolamine, SOFTANOL)

BasicChemicals

Nippon Shokubai Search* Examples applications, in parentheses are our products, which are the raw materials to make products indicated before them.

A riot of color, to spark up your life

Countlessdifferentuses!

●Ethylene Oxide & Derivatives Sales

 Ethylene oxide (EO) Ethylene glycol Ethanolamine Secondary alcohol ethoxylates (SOFTANOL)

●Acrylic Acid & Esters Sales

 Acrylic acid Acrylates

Ethylene oxide (EO)Ethylene glycolEthanolamine

Secondary alcohol ethoxylates

Acrylic acidAcrylates

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07 08

Fabric detergents (AQUALIC L)

Car paints (Specialty acrylates, Specialty methacrylates)

Polymers for concrete admixture (AQUALOC)

Golf Balls (Acrylic acid metallic salt)Water retaining agent for horticulture (ACRYHOPE)

Superabsorbent polymer (AQUALIC CA)

Nippon Shokubai has product lineups of value-added performance chemicals, using our own technology based on our

competitive basic chemicals. The market share of our superabsorbent polymers, used for a wide range of products from

diapers to antidesertification materials, is globally unmatched. As demand for the same is anticipated to grow even further in

future, we will continue to further strengthen this business field. In addition, concrete admixture polymers used for construction

projects are also acclaimed as unique Nippon Shokubai product lines with considerable added value.

Making our strong business area even stronger; We offer

enhanced value-added products with our unique technology.

What a

comfy diaper!

Clean everyday

life together

This is

my favorite

color!

●Water Soluble Polymers Sales & Marketing

 Polymer for concrete admixture (AQUALOC) Water-soluble polymer (AQUALIC L)

●Specialty Acrylics Sales & Marketing

 Specialty acrylates Specialty methacrylates

●Superabsorbents Sales

 Superabsorbent polymer (AQUALIC CA) Salt-tolerant water-absorbing polymer (AQUALIC CS) Water retaining agent for horticulture (ACRYHOPE)

Functional Chemicals Business

Polymers for concrete admixtureWater-soluble polymers

Specialty acrylatesSpecialty methacrylates

FunctionalChemicals

Ethylene OxideBusiness Division

AcrylicBusiness Division

Superabsorbent polymers

SuperabsorbentsBusiness Division

Nippon Shokubai Search* Examples applications, in parentheses are our products, which are the raw materials to make products indicated before them.

Life in

eco-friendly and

sustainable city

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Functional Chemicals Business

09 10

Bath agents (Succinic acid)

Intermediates for pharmaceuticals(Mandelic acid)

Packaging films (EPOMIN)

Materials for Flat panel displays (ACRYCURE, ACRYVIEWA)

Optical fibers (N-vinyl pyrrolidone)

Materials for Printed wiring boards (EPOCEL)

Spending a

stress-busting

moment in

laid-back mode

We support

your sense of

security

Technology

that is

so easy on

the eyes

Something

essential for

business

External paints for construction (UWR)

●Fine & Specialty Chemicals Sales & Marketing

 Maleic anhydride Food additives (Succinic acid) Maleimide Polyethyleneimine  Benzonitrile, Benzoguanamine Oxazoline-functional polymer (EPOCROS) Water-soluble polymer (AQUALIC H) Intermediates for pharmaceuticals (Mandelic acid) Aromatic Fluorine Compounds UV/EB curable materials (Hybrid monomers: VEEA, VEEM)

●Performance Polymers Sales & Marketing

 Ultra weatherability resin (UWR) Resins for paints & adhesives (ACRYSET) N-Vinyl pyrrolidone Polyvinyl pyrrolidone

●E & I Materials Sales & Marketing

 Acrylic resin for optical materials (ACRYVIEWA) Spherical fine particles  Resin particles (EPOSTAR)

  Hybrid particles (SOLIOSTAR)

  Silica particles (SEAHOSTAR)

  The Dispersion of Zirconia Nanoparticles (ZIRCOSTAR) Resist polymers for color filter (ACRYCURE) Polymers for printed wiring boards (EPOCEL) 

FunctionalChemicals

Nippon Shokubai Search

Nippon Shokubai has been responding to emerging requirements with our technologies and flexible ideas. Among others,

in the fast-growing Electric Information Materials field, we have developed a molecular design into monomers and

polymers as a chemical company. We also contribute substantially to the development of

leading-edge industry including liquid crystal displays and printed circuit boards.

We will continue to take on challenges toward new fields based on key materials and technologies.

Our unique product lines, responding to changing industrial

fields with technologies and ideas to meet contemporary needs.

* Examples applications, in parentheses are our products, which are the raw materials to make products indicated before them.

Performance Chemicals Business Division

Maleic anhydride & DerivativesResins for paints & adhesives

Acrylic resin for optical materials

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11 12

De-NOx catalyst/Dioxins decomposition catalyst

Catalytic dioxins decomposition and removal system

Electrolyte Sheets for SOFC (Solid Oxide Fuel Cell)

Process catalysts Automotive catalysts (Gasoline cars and diesel cars)

Wastewater treatment catalyst

Ensure the safety

of our waterBeautiful Earth

for children

Bright future

lies beyond

the greenery

Clean

air-eternally

●New Energy Materials Business Unit

 Electrolyte Sheets for SOFC (Solid Oxide Fuel Cell) Electrolyte for Lithium Battery "LiFSI"(IONEL)

●Environmental System Sales

 Automotive catalysts De-NOx catalyst Dioxins decomposition catalyst Waste gas treatment catalyst Wastewater treatment catalyst De-NOx equipment Catalytic dioxins decomposition and removal system

●AA Catalyst Sales

 Process catalysts

Electrolyte Sheets for SOFC (Solid Oxide Fuel Cell)Automotive catalysts

De-NOx & dioxinsdecomposition catalysts

Catalysts & Green Energy Materials Business Division

Process catalysts

AcrylicBusiness Division

Nippon Shokubai Search

Environment& catalysts

Nippon Shokubai offers products contributing to environmental purification, including systems to decompose and

remove dioxins and drainage treatment driven by automobile exhaust emission treatment catalysts using our unique

catalyst technology. Our business operations also focus on the field of New Energy Materials which contributes to

environmental preservation. We have also developed a zirconia sheet, the core material for fuel cells,

aiming to grow this field as our new core business.

Our product lines, responding to the need for environmental

preservation and looking toward the future of people and the earth

* Our products, in parentheses are applications indicated before them.

Environment & Catalyst Business

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13 14

Corporate Ethics

Nippon Shokubai’s Major Approaches toward CSR

We reinforce our corporate ethics compliance system by educational activities via an in-house journal, organizing training on corporate ethics and law and promoting efforts to compile a compliance manual and corporate ethics guidebook so that each employee can boost the significance of corporate ethics.

Risk ManagementWe identify risks, analyze / evaluate them and take measures to reduce them by reviewing the business continuity plan (BCP) based on the analysis. We have also integrated exercises for antiearthquake procedures on a regular basis to respond swiftly and properly in the event of any contingencies.

Responsible Care

As a chemical company, the Company promotes Responsible Care (RC) activities which gain social security and trust, while including consideration of the ‘environment, safety and health’ in the overall product development process through to disposal. Ever since the establishment of the Japan Responsible Care Council in 1995, Nippon Shokubai has participated in its activities.

Social Contribution

Nippon Shokubai engages in various social activities, such as environmental conservation activities, including our forest development activities, aiming to contribute to the prevention of global warming, as well as conservation and growth of endangered ‘nojigiku’ chrysanthemum, local community activities such as cleaning activity in order to coexist with them and activities to support the development of the next generation by proactively providing school children with learning opportunities. We promote “coexistence with society and harmonization with the environment”, as advocated in our management commitment.

Corporate Social Responsibility

Nojigiku (Japanese chrysanthemum) preservation / promotion activity to save the prefectural flower which was in danger of extinction(Himeji Plant)

The “Nippon Shokubai Forest of River Source” Development Activity, which aims to watch overforest and teach its importance.(Shisou City, Hyogo Prefecture)

The “Nippon Shokubai Yugawara Manyo Forest” brings employees together to encounter and care for the forest(Yugawara-cho, Kanagawa Prefecture)

The “Prevention of Global Warming and Japan-China Friendship Wood” Development Activity, which aims to construct forests to prevent continued desertification. (Inner Mongolia, the People’s Republic of China)

A potato digging event to deepen exchanges with the local community(Himeji Plant)

Based on the corporate philosophy of          ,further strengthening CSR activities with

the deeper involvement in society

In accordance with the Corporate Credo, “Safety

takes priority over production”, we established a Code

of Conduct to comprehens ive ly examine our

corporate conduct from economic, social and

environmental perspectives, setting out our corporate

ethics, Responsible Care, risk management, human

rights / labor, work, information disclosure, social

contribution and corporate governance as our priority

management issues and implementing activities to

enhance our corporate value by continuing dialog with

various stakeholders, including our customers,

bus iness partners, shareholders / investors,

administrations, employees and local communities

under our Group Mission, “ ”.

We will leverage this CSR concept to help develop a

sustainable society by implementing our long-term

management plan, “Reborn Nippon Shokubai 2020,”

as part of efforts to achieve our 2025 vision.

Corporate MissionManagement Commitment

Corporate Cre

do

Nippon Shokubai Code of Conduct

Community

CustomersEmployees

SuppliersShareholdersInvestors

Government

Society Environment

Economy

Vision for 2025"An innovative chemical company that provides

new value for people’s lives"

Long-term business planReborn Nippon Shokubai 2020  

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We strive to acquire underlying technology and invent next-generation materials toward a new business – potentially our core business – in our targeted priority area.

Research Center

We provides prompt and accu-rate solutions, using analyses with cutt ing-edge analyt ical equipment, computer science and data analysis techniques to cope with the technical issues faced by each section (research, technology and production).

Analysis TechnologyCenter

We research and develop water-soluble polymers such as poly-mers for concrete admixtures, builders for detergents and poly-mers for water treatment, etc.

Ethylene Oxide Business Div. Research Dept.

We focus on inventions that lever-age next-generation catalyst tech-nology, as well as developing catalysts for manufacturing chemi-cals centering on catalysts to manufacture acrylic acid toward establishing eco-friendly chemical manufacturing technology.

Acrylic Business Div. Research Dept.

We are consistently engaged in activities related to superabsor-bents such as basic research, the development of new products and processes and the utilization a n d p ro v i s i o n o f t e c h n i c a l services, while supporting our core businesses to expand to overseas operations from a tech-nological perspective.

We research and develop perfor-mance materials, maximizing our unique monomer and key tech-nology in a range of areas, from general consumer goods to resi-dential, automobile and informa-tion materials.

We strive to research and deve-lop green energy-related materi-als such as lithium secondary butteries and fuel cell materials, as well as environmental cata-lysts such as denitration and dioxin decomposing catalysts,etc.

We are engaged in various activi-ties, exploiting process engineer-ing, including bench-scale test-ing, exper iments using pi lot plants, plant design and eco-nomic evaluations; all targeting the establishment of new produc-tion technology.

Laboratory complex in Suita Laboratory complex in Himeji

Acrylic acid / Ethylene oxide / Methacrylic acidMalenic anhydride / Zirconia sheets

Process catalysts

Automotive catalystsDe-NOx catalyst

Dioxins decomposition catalystWaste gas treatment catalyst

Wastewater treatment catalyst

Superabsorbent polymersWater-soluble polymers

Polymers for concrete admixtureE & I materials

Resins for paints & adhesives

Catalyst technology

Polymer synthesis

Acrylates / Ethylene glycolEthanolamine

Secondary alcohol ethoxylatesIntermediates for pharmaceuticals

Organic synthesisEnvironmental purification

Performance Chemicals Business Div. Research Dept.

Catalysts & Green Energy Materials Business Div. Research Dept.

Process Technology Center

Superabsorbents Research Dept.

15 16

For instance, an automobile muffler has a catalyst that purifies exhaust gas. This neutralizes harmful substances in the latter while the catalyst itself remains unchanged, meaning it can be continually used for an extended per iod. Cata lyst technology represents clean technology, which fulfills positive functions such as environmental purification while the catalyst itself is unlikely to become waste.

Research-related divisions

What is a

‘catalyst’?

In the field of research and development, we have accomplished our own development, which means the Company itself

should keep progressing based on catalytic technology as our core, without depending on the introduction of foreign

technology. Ever since the Company successfully achieved the first commercial production of phthalic anhydride in Japan in

1941, the scope of our catalytic technology has broadened from basic chemicals to performance chemicals and even been

applied to the environmental purification field. By developing our technologies to a wide range of fields, new values emerge,

which help the Company continue to boost people’s affluent lives and society.

From the origin - catalyst (Shokubai*) - to the present;

And to the future – our technologies continue to advance.

A substance which never changes itself but affects the chemical reactions of other substances

*Shokubai is Japanese for "catalyst".

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Himeji Plant (Hyogo Prefecture)

Kawasaki Plant (Kanagawa Prefecture)

Nippon Shokubai Affiliated Company

171717 18

The Himeji Plant, one of Nippon Shokubai’s main facilities and situated on a large site mea-suring 900,000 square meters, produces a wide range of products including core products such as acrylic acid and superabsorbent polymers, performance chemicals and environmen-tal products. In addition, the site also accommodates laboratory facilities, focusing on research into E&I materials. They play an important role in researching subjects, which requires significant cooperation with the production division.

The Kawasaki Plant went into operation in 1959 when Nippon Shokubai began to produce ethylene oxide with our own technology, the first time this had been attempted in Japan. It houses Japan’s largest ethylene oxide produc-tion system and produces ethylene oxide and ethylene oxide derivatives. The polymers for concrete admixtures produced here, globally renowned for their high functional-ity and reliability, have become some of Nippon Shokubai’s most successful products.

Airborne imagery of the Himeji Plant

Group synergy; Becoming more significantNippon Shokubai’s domestic network plays a crucial role in helping the company satisfy customer requirements quickly and precisely. Experts in fields such as general chemistry, processing, transport, and trade enhance their coordination, resulting in a dynamic synergy that unites the entire Nippon Shokubai Group.

Chidori Plant Chidori Plant East Area

Ukishima Plant

Osaka Office

Tokyo Office

Domestic Network

The two Nippon Shokubai Japanese production bases, the plants in Himeji and Kawasaki,

continually produce high quality products and launch unique products in their own specialized categories with

advanced production and finely-tuned quality control systems. Furthermore, the domestic network of our group companies allows

us to meet customer requirements promptly and precisely. We always have our corporate credo in mind:

“Safety takes priority over production” and adopt all possible systems to achieve this.

Promptly, accurately and safely,

our solid network production bases support

the quality of Nippon Shokubai products.

CHUGOKU KAKO CO., LTD.

Nisshoku Butsuryu Co., Ltd.

Himeji PlantAcrylic Business Div. Research Dept., Superabsorbents Research Dept.

Suita Research CenterResearch Center, Analysis Technology Center, Ethylene Oxide Business Div. Research Dept., Performance Chemicals Business Div. Research Dept., Catalysts & Green Energy Materials Business Div. Research Dept., Process Technology Center

Osaka Office

CATOX Co., Ltd.

NIPPON POLYMER IND. Co., Ltd. NS Green Co., Ltd.NISSHOKU ENGINEERING SERVICE CO., LTD.

NIPPON SHOKUBAI TRADING CO., LTD.

NIHON METHACRYL MONOMER CO., LTD.

Japan Composite Co., Ltd.

Tokyo Fine Chemical CO., LTD.

NIPPOH CHEMICALS CO., LTD.

Umicore Shokubai Japan Co. Ltd

NIPPON NYUKAZAI CO., LTD.

NISSHOKU TECHNO FINE CHEMICAL CO., LTD.

Tokyo Office

Kawasaki Plant

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100 540 370

40

60

90

60 60

100

  NIPPON SHOKUBAI EUROPE N.V.(Zwijndrecht, Belgium)Established: February, 1999Production item: Superabsorbent polymers

  NISSHOKU CHEMICAL INDUSTRY(ZHANGJIAGANG)CO.,LTD.(Zhangjiagang,Jiangsu,China)Established: April 2003Production items: Superabsorbent polymers Polymers for concrete admixture

  Nippon Shokubai America Industries, Inc.(Pasadena, TX, Chattanooga, TN, USA)Established: January 1988Production items: Superabsorbent polymers Polymers for concrete admixture Acrylic acid polymers

  American Acryl L.P.(Pasadena, TX, USA)Established: December 1997Production item: Acrylic acid

  PT.NIPPON SHOKUBAI INDONESIA(Cilegon, Banten, Indonesia)Established: August 1996Production items: Acrylic acid Acrylates Superabsorbent polymers

  SINGAPORE ACRYLIC PTE LTD(Sakra Road Singapore)Established: July 1996Production item: Acrylic acid

  NIPPON SHOKUBAI (ASIA) PTE. LTD.(Sakra Road Singapore)Established: July 1996Production item: Glacial acrylic acid

  SINO-JAPAN CHEMICAL CO., LTD.(Taipei, Kaohsiung, Taiwan)Established: April 1970Production item: Organic chemicals such as surfactant

19 20

Affiliated Company

Himeji, Japan

USA

Belgium

Singapore

NISSHOKU CHEMICAL INDUSTRY(ZHANGJIAGANG)CO.,LTD.

American Acryl L.P.American Acryl NA, LLC

Nisshoku Trading (Shanghai) Co., Ltd.

1

1

2

6

6

2

4

4

3

3

5

5 87

Global Network

Nippon Shokubai’s technology and products are respected by global industry and we have been striving to export

our products and license our technology to customers. Furthermore, since the market demands and response expected by

suppliers are both more challenging, this has prompted us to establish full-scale offshore production systems.

Nippon Shokubai presently has local production subsidiaries in the United States, Indonesia, Singapore,

Belgium and China to build our world-wide production and supply network. In addition,

we are also promoting a united management system with taking overseas business into

a strategy of each business division of headquarters.

There is a large demand out there;

Nippon Shokubai Group's bases

continue to expand worldwide

140

NIPPON SHOKUBAI EUROPE N.V.

PT.NIPPON SHOKUBAI INDONESIA

SINGAPORE ACRYLIC PTE LTDNIPPON SHOKUBAI (ASIA) PTE. LTD.

Umicore Shokubai S.A.

Indonesia

30China

Nippon Shokubai America Industries, Inc.87

SINO-JAPAN CHEMICAL CO., LTD.

NIPPON SHOKUBAI KOREA CO., LTD.

LG MMA Corporation

Acrylic Acid Facility

ditto (under contemplation)

Superabsorbent Polymers Facility

ditto (under contemplation)

Figures : Annual Production Capacity (Unit:kiloton/year)

(Unit:kiloton/year)

Newlyestablished

in 2018

8

Acrylic Acid 780

610

100*

100*

880

710*Newly established in 2018 (Belgium)

Current Planned Total

SuperabsorbentPolymers

SIRRUS, Inc.

Annual Production Capacity (total)

Global Launch of Our Core Business

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21 22

NIPPOH CHEMICALS CO., LTD.Neo Kawai Bldg.,8-15,4-Chome,Nihonbashi-Honchou,

Chuo-Ku, Tokyo 103-0023, Japan

TEL +81-3-3270-5341 FAX +81-3-3270-3401

CHUGOKU KAKO CO., LTD.1575 Mizue, Kurashiki, Okayama 710-0802 Japan

TEL +81-86-465-3555 FAX +81-86-465-7843

Nisshoku Butsuryu Co., Ltd.6F Kogin Bldg., 4-1-1 Koraibashi,

Chuo-ku, Osaka 541-0043 Japan

TEL +81-6-6202-5267 FAX +81-6-6233-2475

NIPPON NYUKAZAI CO., LTD.4-1 Nihonbashi Kobuna-cho,

Chuo-ku, Tokyo 103-0024 Japan

TEL +81-3-5651-5631 FAX +81-3-5651-5639

Tokyo Fine Chemical CO., LTD.3F Bussan Bldg., 1-4-14 Nishi Shinbashi,

Minato-ku, Tokyo 105-0003 Japan

TEL +81-3-3506-7666 FAX +81-3-3506-7671

NISSHOKU TECHNO FINE CHEMICAL CO., LTD.9-1 Koutani Shinmachi,

Ichikawa, Chiba 272-0011 Japan

TEL +81-47-328-1185 FAX +81-47-328-1189

NIPPON SHOKUBAI TRADING CO., LTD.2F TT-1 Bldg., 1-14-8 Nihonbashi Ningyou-cho,

Chuo-ku, Tokyo 103-0013 Japan

TEL +81-3-5695-4021 FAX +81-3-5695-4024

NIPPON POLYMER IND. Co., Ltd.2114 Okihama, Aboshi-ku,

Himeji, Hyogo 671-1241 Japan

TEL +81-79-273-4121 FAX +81-79-273-4601

Japan Composite Co., Ltd.3-2-13 Nihonbashi-Honcho,

Chuo-ku, Tokyo 103-0023 Japan

TEL +81-3-3516-3002 FAX +81-3-3516-3090

Umicore Shokubai Japan Co. Ltd1-25-19 Rinku-cho,

Tokoname, Aichi 479-0882 Japan

TEL +81-569-38-7670 FAX +81-569-38-7678

NS Green Co., Ltd.992-1 Aza-Nishioki, Okihama, Aboshi-ku,

Himeji, Hyogo 671-1241 Japan

TEL +81-79-273-4744 FAX +81-79-273-4744

NISSHOKU ENGINEERING SERVICE CO., LTD.992-1 Aza-Nishioki, Okihama, Aboshi-ku,

Himeji, Hyogo 671-1241 Japan

TEL +81-79-272-0677 FAX +81-79-271-5188

NIHON METHACRYL MONOMER CO., LTD.Sumitomo Twin Bldg., 2-27-1 Shinkawa,

Chuo-ku, Tokyo 104-0033 Japan

TEL +81-3-5543-5302 FAX +81-3-5543-5907

CATOX Co., Ltd.1-46 Higashi Kaigan-cho,

Amagasaki, Hyogo 660-0843 Japan

TEL +81-6-6409-1301 FAX +81-6-6409-1302

Main Subsidiaries & Affiliates

Overseas Subsidiaries & Affiliates

Company Outline 2017

Our company logo with our unchanged philosophy and determination for the future

Our company logo represents the spirit of TechnoAmenity, which is our mindset, aiming to create an affluent and comfortable global environment through chemistry.

The hexagonal symbol is one of the shapes representing chemistry. Cosmo yellow is the color reflecting the hidden energy of the sun. Earth green represents the friendliness of the earth.And the borderline between both colors represents the future we always seek.

Nippon Shokubai America Industries, Inc.4631 Old Highway 146, Suite A, Pasadena, TX 77507 USATEL +1-832-284-4033

SINGAPORE ACRYLIC PTE LTD80 Robinson Road #18-02 Singapore 068898

TEL +65-6532-0078 FAX +65-6532-0079

PT.NIPPON SHOKUBAI INDONESIAKawasan Industri Panca Puri JI . Raya Anyer Km.

122 Ciwandan, Cilegon 42447 Banten, Indonesia

TEL +62-254-600-660 FAX +62-254-600-657

NIPPON SHOKUBAI (ASIA) PTE. LTD.80 Robinson Road

#18-02 Singapore 068898

TEL +65-6532-0078 FAX +65-6532-0079

NIPPON SHOKUBAI EUROPE N.V.Haven 1053, Nieuwe Weg1, B-2070 Zwijndrecht, Belgium

TEL +32-3-250-3705 FAX +32-3-250-3712

NISSHOKU CHEMICAL INDUSTRY (ZHANGJIAGANG) CO., LTD.(日触化工(張家港)有限公司)No.19 Changjiang Road (E),Yangtze River International

Chemical Industrial Park, Zhangjiagang, Jiangsu, China, 215635

TEL +86-512-5893-7910 FAX +86-512-5893-7912

SINO-JAPAN CHEMICAL CO., LTD.(中日合成化學股份有限公司)14Fl, 99, Sec. 2, Jen Ai Rd., Taipei, Taiwan

TEL +886-2-2396-6223 FAX +886-2-2396-9076

LG MMA Corporation23F, LG Seoulstation Bldg., 98, Huam-ro, Jung-gu, Seoul, 04637, Korea

TEL +82-2-6930-3800 FAX +82-2-6930-3801

American Acryl NA, LLCAmerican Acryl L.P.4631 Old Highway 146, Suite B, Pasadena, TX 77507 USA

Umicore Shokubai S.A.L-4940, Bascharage, 5, rue Bommel, Luxembourg

NISSHOKU TRADING (SHANGHAI) CO., LTD.(日触商貿(上海)有限公司)R/No.3604,The Center,989 Changle Road shanghai, China, 200031

TEL +86-21-5407-5959 FAX +86-21-5407-5673

SIRRUS, Inc.422 Wards Corner Road, Loveland, OH 45140 USA

TEL +1-513-448-0308 FAX +1-513-448-0310

NIPPON SHOKUBAI KOREA CO., LTD.4F 26, Hwangsaeul-ro 200beon-gil, Bundang-gu,

Seongnam-si, Gyeonggi-Do, Korea, 13595

TEL +82-31-718-9111 FAX +82-31-718-9693

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23 24

Member of the Board, ChairmanMember of the Board, PresidentMember of the Board, Senior Managing Executive OfficerMember of the Board, Senior Managing Executive OfficerMember of the Board,Managing Executive OfficerMember of the Board, Managing OfficerMember of the BoardMember of the BoardMember of the BoardStatutory Corporate AuditorStatutory Corporate AuditorStatutory Corporate AuditorStatutory Corporate AuditorManaging Executive OfficerManaging Executive OfficerManaging Executive OfficerExecutive OfficerExecutive OfficerExecutive OfficerExecutive OfficerExecutive Officer

Masanori Ikeda *Yujiro Goto *Haruhisa Yamamoto *Masao YamamotoYojiro TakahashiYukihiro MatsumotoKoichi MiuraTakashi SakaiKozo AraoTaizo MaruoYoshihiro AritaYoichiro KomatsuKatsuyuki OtaKoichiro YamadaKin-ya NagasunaMasaya YoshidaNobuyuki HaradaKazukiyo ArakawaTeruo KameiRen HasebeGun Saito

(As of June 21, 2017)

(As of March 31, 2017)

(Fiscal 2016)

(As of March 31, 2017)

The Board President

Corporate ManagingCommittee

Corporate Planning

Division

General Affairs & HR

Health & Medical BusinessDevelopment Office

Information Technology Management Office

Responsible Care

Auditor

Malonates BusinessDevelopment Office

Finance & Accounting

Production

Engineering

Ethylene Oxide Business

Innovation &Business Development

Internal Audit Office

Catalysts & Green Energy Materials Business

Performance Chemicals Business

Acrylic Business

SuperabsorbentsBusiness

(As of June 21, 2017)

Board of Auditors Auditor Office

Organization Chart

Osaka OfficeKogin Bldg., 4-1-1 Koraibashi, Chuo-ku, Osaka 541-0043 JapanTEL +81-6-6223-9111 FAX +81-6-6201-3716

Tokyo OfficeHibiya Dai Bldg., 1-2-2 Uchisaiwai-cho, Chiyoda-ku, Tokyo 100-0011 JapanTEL +81-3-3506-7475 FAX +81-3-3506-7598

Kawasaki PlantChidori Plant14-1 Chidori-cho, Kawasaki-ku, Kawasaki, Kanagawa 210-0865 JapanTEL +81-44-288-7366

Ukishima Plant10-12 Ukishima-cho, Kawasaki-ku, Kawasaki, Kanagawa 210-0862 JapanTEL +81-44-288-5715

Himeji Plant and Himeji Research Center992-1 Aza-Nishioki, Okihama, Aboshi-ku, Himeji, Hyogo 671-1282 JapanTEL +81-79-273-1131 (Plant) +81-79-273-1145 (Research Center)

Suita Research Center5-8 Nishi Otabi-cho, Suita, Osaka 564-0034 JapanTEL +81-6-6317-2202

Business establishments

Outline HistoryManagement

Establishment of Osame Gosei Kagaku Kogyo Co., Ltd.Opening of Suita Plant

Renamed Nippon Shokubai Kagaku Kogyo Co., Ltd.Listed on the first section of the Osaka Securities Exchange

Listed on the first section of the Tokyo Stock ExchangeOpening of Kawasaki Plant (presently Kawasaki Chidori Plant)

Opening of Himeji Factory (presently Himeji Plant)

Opening of Kawasaki Second Factory(presently Kawasaki Ukishima Plant)

Establishment of NA Industries, Inc. (presently Nippon Shokubai America Industries, Inc.)Founding of Tsukuba Research Laboratory

Company renamed to NIPPON SHOKUBAI Co., Ltd.

Establishment of PT. Nisshoku Tripolyta Acrylindo (presently PT. NIPPON SHOKUBAI INDONESIA)

Establishment of American Acryl NA LLC. and American Acryl L.P. Establishment of NIPPON SHOKUBAI (ASIA) PTE. LTD.

Establishment of NIPPON SHOKUBAI EUROPE N.V.

Takeover of acrylic acid business from Sumitomo Chemical Co., Ltd. and transfer ofMMA monomer business to Sumitomo

Establishment of NISSHOKU CHEMICAL INDUSTRY CO., LTD. in China

Takeover of the acrylic acid business in Singapore from Sumitomo Chemical Co., Ltd.

Establishment of NISSHOKU TRADING (SHANGHAI) CO., LTD. in China

Acquisition of the major shares of NIPPON NYUKAZAI CO., LTD. and SINO-JAPAN CHEMICAL CO., LTD.

Closing of Suita Plant (bolstering its R&D operations in the area) Establishment of NIPPON SHOKUBAI KOREA CO., LTD.

Acquisition of the major shares of SIRRUS, Inc.

Nippon Shokubai succeeds in the first commercial production of phthalic anhydride in Japan

Successful mass production of maleic anhydride by oxidation of benzeneNippon Shokubai technology commercializes the production of unsaturated polyester resin for the first time in JapanProduction launch of fumaric acid

Our technology commercializes ethylene oxide production for the first time in JapanAwarded the Okouchi Memorial Prize for the commercialization of ethylene oxide and ethylene glycolProduction launch of ethanol aminesAwarded the Society of Synthetic Organic Chemistry, Japan Award (Technological section) for the establishment of the production technology of phthalonitriles and benzonitriles by ammo-oxidation processProduction launch of ethyleneimineFirst commercial production of acrylic acid and acrylates by oxidation of propylene in JapanProduction launch of higher alcohols Awarded the Okouchi Memorial Production Prize for the production technology of acrylic acid and acrylatesAwarded the Science and Technology Agency Director General’s Prize for acrylic acid production technologyProduction launch of automotive catalystsAwarded the Japan Petroleum Institute Award for Technological Progress for the production technology of higher alcoholsKawasaki First Factory was awarded by the Minister of International Trade and Industry as a good production site for high-pressure gasAwarded the Okouchi Memorial Production Prize for the production technology of higher alcoholsProduction launch of spherical fine particlesHimeji Plant was awarded the Agency for Natural Resources and Energy Director-General’s Prize as a good production site for heat managementCompletion of demonstration plant for methacrylic acid and methacrylic acid methylesterLaunch of full-scale production of superabsorbent polymers

Production launch for concrete admixtureAwarded the Japan Petroleum Institute Award for the production technology of methyl methacrylateAwarded the Technological Award by the Catalysis Society of Japan for the development of the catalysts for the production of methacrylateAwarded the Society of Synthetic Organic Chemistry, Japan Award (Technological section) for the establishment of the highly efficient synthesis process of polyfluoro-aromatic compounds and its commercial production

Awarded the Technological Award by the Catalysis Society of Japan for the development of catalysts for ammonia dry-type flue-gas denitration

Awarded the Chemical Society of Japan Award for Technical Development for the development of new production method of ethyleneimineAwarded the Chemical Society of Japan Award for Technical Development for the development of new production process of maleimides and its commercial productionProduction launch of dioxin decomposition catalysts

Commercialization of fuel-cell materialsProduction launch of N-Vinyl pyrrolidone

Awarded the Kirkpatric Award from Chemical Engineeing for the production technology of N-Vinyl pyrrolidone Removal and dismantlement of the phthalic anhydride facility

Production launch of acrylic resins for optical materialsAwarded three awards in the same year from the Chemical Society of Japan Award for Technical Development, the Society of Chemical Engineering Award for Technology and the Catalysis Society of Japan Award for Technology for the new production technology of ethanol aminesAwarded the Chemical Society of Japan Award for Technical Development for the development of new production method of N-Vinyl-2-pyrrolidone

Awarded the Okouchi Memorial Production Prize for the new production technology of diethanolamineAwarded the Chemical Society of Japan Award for Development and industrialization of acrylic polymer containing lactone-rings for optical films Commercialization of electrolyte for lithium ion secondary battery

19411943194919521953195519561959196019621967

196919701972

197319741976

19781979

19821985

1987

1988

1989199119921996

19971998199920002002

2003

2004

2006

 

2007

200820092014

2015

2017

History of Technological Innovation

Established

August 21, 1941

Company Name

NIPPON SHOKUBAI CO., LTD.

Capital stock

25,038 million yen

Net sales

293,970 million yen (Consolicated statements)196,195 million yen (Non-consolidated statements)

Number of employees

4,161(Consolidated)2,207(Non-consolidated)

The First Ethylene Oxide & Ethylene Glycol Plant under construction (1959)

Panoramic View of the Himeji Plant as of June 1961

*Representative

Purchasing & Logistics

Kawasaki Plant

Himeji Plant

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Raw materials

Products classified by production plant Kawasaki Plant Himeji Plant

Methacrylic acid

Methyl methacrylate

Maleic anhydride

Succinic acid

Acrylic acid

Acrylates

Specialty acrylates

Superabsorbentpolymers(AQUALIC CA)

Adhesive resins(ACRYSET)

Ultra weatherability resin(UWR)

Acrylic emulsions(ACRYSET)

Fine particles(EPOSTAR)

Automotivecatalysts

De-NOx catalystsDioxins decomposition catalystsExhaust gas & wastewater treatment catalysts

Acrylic acid polymers(AQUALIC L, H)

Carboxylic acid polymers for concrete admixture(AQUALOC)

Specialty methacrylates

Ethylene glycols

Ethanol amineEthyleneimine

N-Vinyl pyrrolidone Polyvinyl pyrrolidone

Polyethyleneimine(EPOMIN)

Secondary alcohol ethoxylates(SOFTANOL)

Process catalysts

Chemicalregents

BenzonitrileBenzoguanamine

Aromatic Fluorine Compounds

Ethylene

Normal paraffin

Propylene

Isobutylene

Benzene

Catalystsupport

Ammonia

Alcohol

Caustic soda

Alcohol

Product Flowchart

Toluene

Oxazoline-functional polymers (EPOCROS)

N-Phenylmaleimide(IMILEX P)

25 26

Ethylene oxide

Blazing a trail with the power of technology;

Our field remains ever-expanding.

BasicChemicals

FunctionalChemicals

Environment& catalysts

(As of March 31, 2017)

Operation results and assets

ItemsBy term

Net sales Ordinary income Net income

Sales ratio by business segment

(millions of yen) (millions of yen) (millions of yen)

Basic chemicalsFunctional chemicalsEnvironment and catalyst

NIPPON SHOKUBAI TRADING CO., LTD.

NIPPON NYUKAZAI CO., LTD.

NIPPOH CHEMICALS CO., LTD.

Japan Composite Co., Ltd.

Tokyo Fine Chemical Co., Ltd.

CHUGOKU KAKO, LTD.

NISSHOKU TECHNO FINE CHEMICAL CO., LTD.

NIHON METHACRYL MONOMER CO., LTD.

NIPPON POLYMER IND. Co., Ltd.

Nisshoku Butsuryu Co., Ltd.

Consolidated subsidiaries Equity method affiliates

Umicore Shokubai Japan Co. Ltd

Nippon Shokubai America Industries, Inc.

American Acryl L.P.

SINO-JAPAN CHEMICAL CO., LTD.

American Acryl NA, LLC.

PT. NIPPON SHOKUBAI INDONESIA

NIPPON SHOKUBAI (ASIA) PTE. LTD.

SINGAPORE ACRYLIC PTE LTD

PT.NIPPON SHOKUBAI INDONESIA

NIPPON SHOKUBAI EUROPE N.V.

NIPPON SHOKUBAI (ASIA) PTE. LTD.

NISSHOKU CHEMICAL INDUSTRY (ZHANGJIAGANG) Co., Ltd.

LG MMA Corporation

Situation of consolidated group

Supply of products and merchandise

Supply of products and merchandise

Supply of products and merchandise

Supply of products and merchandise

Supply of products and merchandise

Supply of technical and market information

Supply of products and merchandiseLicensing of technology

Supply of technical and market information

Supply of products and merchandiseLicensing of technology

Transportation of products and merchandise

Transportation of products and merchandise

Purchasing of materials and merchandise

Purchasing of materials

Purchasing of materials and merchandise

Supply of products and merchandise

Purchasing of materials

Supply of products and merchandise

Supply of products and merchandise

Supply of products and merchandise

Purchasing of materials

Supply of products and merchandise

Lease of assets

Basic Chemicals Business

Functional Chemicals Business

Domestic Overseas

Note: NIPPON SHOKUBAI TRADING CO., LTD. and Nisshoku Butsuryu Co., Ltd. belong to multiple segments.

Business Progress (Consolidated Statements)

Fiscal 2015 Fiscal 2016

36.4% 36.6%

55.0% 54.4%

8.6% 9.0%

Basic Chemicals Business

Functional Chemicals Business

Environment and Catalysts Business

Umicore Shokubai S.A.

Environment and Catalysts Business

( )Fiscal 2016April 2016 –March 2017( )

Fiscal 2012April 2012 –March 2013 ( )

Fiscal 2013April 2013 –March 2014( )

Fiscal 2014April 2014–March 2015

30,000

25,000

20,000

15,000

10,000

5,000

0

400,000

350,000

300,000

250,000

200,000

150,000

100,000

0

35,000

30,000

25,000

20,000

15,000

10,000

0

Fiscal 2015April 2015 –March 2016( )

Fiscal 2015April 2015 –March 2016( )

Fiscal 2016April 2016 –March 2017( )

Fiscal 2012April 2012 –March 2013( )

Fiscal 2013April 2013 –March 2014( )

Fiscal 2014April 2014 –March 2015( )

Fiscal 2015April 2015 –March 2016( )

Fiscal 2016April 2016 –March 2017( )

Fiscal 2012April 2012 –March 2013( )

Fiscal 2013April 2013 –March 2014( )

Fiscal 2014April 2014 –March 2015( )

Fiscal 2015April 2015 –March 2016( )

Fiscal 2016April 2016 –March 2017( )

Fiscal 2012April 2012 –March 2013( )

Fiscal 2013April 2013 –March 2014( )

Fiscal 2014April 2014 –March 2015( )

Net sales(millions of yen)Ordinary income(millions of yen)Net income(millions of yen)Net income per share(yen)Total assets(millions of yen)Net assets(millions of yen)Net assets per share (yen)ROA(Return on Assets) (%)

Daiko Rikuun Co., Ltd.

*Figures for the earnings per share and the net assets per share are amounts that take into account the reverse stock split conducted (at a ration of one share for every five shares) on Oct. 1, 2015.

293,970

24,664

19,361

478.36

433,610

292,275

7,238.33

5.9

269,520

13,824

8,401

206.92

352,373

220,248

5,299.23

3.9

302,136

16,647

10,503

258.72

398,396

242,193

5,820.51

4.4

374,873

29,941

19,089

470.28

419,634

270,128

6,535.66

7.3

323,124

34,342

26,003

640.69

407,997

282,485

6,870.84

8.3

302,136323,124

269,520

374,873

19,089

29,941

16,647 8,40110,50313,82413,824

34,34234,342

293,97019,361

8,4018,401

26,003

24,664