Headquarters Japan | Founded 21 June 1944 | |
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Stock price 4023 (TYO) JP¥ 5,020 +20.00 (+0.40%)17 Mar, 3:00 PM GMT+9 - Disclaimer Subsidiaries Kureha Special Laboratory Co., Ltd | ||
Kureha Chemical Industries (TYO: 4023) is a Japanese manufacturer of specialty chemicals and polymers.
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Corporate affairs
Kureha Chemical Industries is a member of the Mizuho keiretsu.
Polyglycolic acid
One of the company's long term investments is in polyglycolic acid (PGA). The company developed a mass scale manufacturing technique for the chemical, which has been a development project of the company since the early 90s. The company has stated a strategy of committing to invest in PGA for a long period, patiently waiting for market demand to develop. To manufacture PGA, the company invested 100 million in a manufacturing facility in Belle, West Virginia to be located nearby a Dupont plant that produces glycolic acid, a primary feedstock for PGA.
References
Kureha Chemical Industries Wikipedia(Text) CC BY-SA