Toagosei : Announces the Expansion of High purity Liquid Hydrogen Chloride Manufacturing Facilities
April 11, 2024 at 02:53 am EDT
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April 11, 2024
Toagosei Co., Ltd
Toagosei Announces the Expansion of High-purity Liquid Hydrogen
Chloride Manufacturing Facilities
Toagosei Co., Ltd. announced today as follows that it has decided to expand its high-purity liquid hydrogen chloride manufacturing facilities at its Yokohama Plant.
Toagosei's high-purity liquid hydrogen chloride is widely used as a chemical used in semiconductor manufacturing because of its high quality and stable supply. Semiconductor demand is expected to recover in the second half of 2024. It is also anticipated there will be sustained growth in semiconductor demand over the long-term after that. Therefore, Toagosei is continuing to expand its manufacturing facilities. Toagosei recently received a subsidy according to the Yokohama Business Location Promotion Ordinance. In response to that, it has decided to introduce facilities based on cutting-edge manufacturing technology which optimizes manufacturing conditions and improves efficiency. Toagosei's aim in introducing these facilities is to enable the manufacturing of even more high-quality and high-purity liquid hydrogen chloride than ever before.
Toagosei has established the semiconductor and electronic materials field as one of its priority fields in its 2025 Medium-Term Management Plan. It will continue to strengthen its products for semiconductors and electronic materials and to contribute to the innovation of information infrastructure technology.
Overview of the Expansion of High-purity Liquid Hydrogen Chloride Manufacturing Facilities
1.
Installation location:
Yokohama Plant (1-7 Suehirocho, Tsurumi-ku,
Yokohama)
2.
Completion date:
2025
3.
Amount of investment:
6 billion yen
4.
Manufacturing capacity:
Undisclosed
<Contact information> CORPORATE COMMUNICATION DEPARTMENT e-mail address:irpr@ toagosei.co.jp
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TOAGOSEI CO., LTD. is a Japan-based company mainly engaged in the chemicals business and polymer and oligomer businesses. The Company operates through five business segments. The Basic Chemicals segment manufactures and sells sodium hydroxide, sodium hydroxide, sodium hypochlorite, sulfuric acid, industrial gases, and acrylic acid esters. The Polymer and Oligomer segment manufactures and sells acrylic polymers, polymer flocculants, and photo-curable resins. The Resin Processing Products segment manufactures and sells plumbing equipment products, building materials and civil engineering products, life support products, and elastomer compounds. The Adhesive Materials segment manufactures and sells instant adhesives and functional adhesives. The Advanced Inorganic Materials segment manufactures and sells high-purity inorganic chemicals and inorganic functional materials. It is also engaged in new products research and development business, transportation and trading company business.