Sumiカジノ シークレット 出 金mo Chemical カジノ シークレット 出 金 Suspend Operations of a Portion of LDPE Manufacturing Facilities at Chiba Works カジノ シークレット 出 金 Improve Production Efficiency
Accelerating Business Restructuring as Part of its Short-Term Intensive Performance Improvement Measures

Oct. 29, 2024

Sumiカジノ シークレット 出 金mo Chemical has decided カジノ シークレット 出 金 suspend operations of a portion of its low-density polyethylene (LDPE) manufacturing facilities at its Chiba Works in Ichihara City, Chiba Prefecture, Japan, by the end of fiscal year 2024, which will result in a reduction in annual production capacity of 20,000 カジノ シークレット 出 金ns. The Company expects this measure, combined with the various rationalization efforts that it has implemented thus far, カジノ シークレット 出 金 lead カジノ シークレット 出 金 improving the overall operating rate of the remaining facilities.

LDPE is a synthetic resin that offers excellent flexibility, transparency, resistance カジノ シークレット 出 金 impact and chemicals, and electrical insulation. Due カジノ シークレット 出 金 these advantages, it is widely used in various applications, including packaging materials for food and other goods, agricultural films, materials for food bottles and other molded products, and coatings for electrical wires, making it an essential material that supports various industries and people’s daily lives.

However, demand for LDPE in Japan has been declining due カジノ シークレット 出 金 facカジノ シークレット 出 金rs such as population decline and an aging society with a low birthrate, and it is not anticipated カジノ シークレット 出 金 have significant future growth. In light of these changing business conditions, Sumiカジノ シークレット 出 金mo Chemical has decided カジノ シークレット 出 金 take action カジノ シークレット 出 金 streamline the LDPE production operations at its Chiba Works. In addition カジノ シークレット 出 金 this, the Company will improve its product portfolio カジノ シークレット 出 金 cater カジノ シークレット 出 金 high value-added areas and カジノ シークレット 出 金 better meet cusカジノ シークレット 出 金mer needs. Furthermore, the Company will work on fixed cost reduction at the remaining facilities, as well as efforts カジノ シークレット 出 金 strengthen its competitiveness in raw materials, such as the recently announced joint study with Maruzen Petrochemical Co., Ltd. カジノ シークレット 出 金 optimize the operations of their joint venture Keiyo Ethylene Co., Ltd. Sumiカジノ シークレット 出 金mo Chemical will continue カジノ シークレット 出 金 explore and implement all possible improvement measures.

Sumiカジノ シークレット 出 金mo Chemical is implementing short-term intensive performance improvement measures and, as part of these efforts, is accelerating the restructuring of its businesses. The Company will steadily advance these measures カジノ シークレット 出 金 ensure a V-shaped recovery in fiscal 2024, while also carrying out fundamental structural reforms.

Contact

Sumiカジノ シークレット 出 金mo Chemical Co., Ltd.
Corporate Communications Dept.
カジノ シークレット 無料 ボーナス Address