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Business

Shokubai Closes Site, Eyes R&D

by Jean-François Tremblay
January 19, 2015 | A version of this story appeared in Volume 93, Issue 3
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Nippon Shokubai has ended chemical production in Suita, Japan, but is considering building an R&D center at the site. The company opened the plant in 1943 to produce phthalic anhydride. In later years, it added maleic anhydride, unsaturated polyester, acrylic resins, and fine-particle products. The site became less important to Shokubai in 2003 when it put its unsaturated polyester business into a joint venture with Mitsui Chemicals. Shokubai expects to open the R&D center in 2016, but it has not disclosed what the research focus will be.

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