The solvents subject to the discontinuation of production and sales are often used as raw material for paints and inks
KH Neochem Company Decided to close the manufacturing and sale of certain solvents produce at its Yokkaichi Plant by December 2025.
The solvents problems to the discontinuation of production and sales are used as raw materials for paints and inks.
However, further to the slow recovery in demand, rising raw material expenses and increasing fixed production prices have in addition intensified the challenges of the business surroundings. Although KH Neochem has constantly implemented projects which include enhancing manufacturing efficiency, the enterprise has determined that securing profitability vital to preserve this business over the medium to long time is no longer possible.
Moving ahead, the enterprise will continue to convert its enterprise portfolio and promote sustainable management by using contributing to a sustainable society through its one of a material which are indispensable to the world, while also making sure the ongoing increase of its corporate values.
