Type Public KK Headquarters Japan Number of employees 752 | Traded as TYO: 5726 Founded 20 May 1997 | |
Industry Non-ferrous metals
Chemicals Key people Shozo Nishizawa, (CEO and President) Products Titanium sponge and ingot
Polycrystalline silicon
High-Performance materials Revenue $ 594 million (FY 2012)
(¥ 55.876 billion) (FY 2012) Stock price 5726 (TYO) JP¥ 1,687 -35.00 (-2.03%)27 Mar, 3:00 PM GMT+9 - Disclaimer | ||
Osaka Titanium Technologies Co., Ltd. (大阪チタニウムテクノロジーズ, Ōsaka Chitaniumu Tekunorojīzu Kabushiki-gaisha) is a Japanese non-ferrous metal manufacturing company based in Amagasaki, Hyōgo Prefecture, Japan. It is the world's second largest producer of titanium sponge after VSMPO-Avisma.
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It produces titanium products using the Kroll process, and also produces silicon products.
In 2010, increased demand for titanium led to increased supply capacity, but Osaka Titanium Technologies was still able to raise prices due to continuing strong demand from the aviation industry.
The company is part of the Sumitomo Group, one of the largest Japanese keiretsu.
History
The company was founded in 1937 as Osaka Special Steel Manufacturing. Sumitomo Metal Industries took a stake in 1952, and work began on titanium. Also in 1952 the company changed its name to Osaka Titanium Co., Ltd. Kobe Steel took an equity stake in the company in 1953.
In 2002, the company was named Sumitomo Titanium Corporation and was listed on the first section of Tokyo Stock Exchange, and in 2007, it was renamed Osaka Titanium Technologies.