Tosoh to Raise Prices for Ethyleneamines in Asia
Tokyo, Japan—Tosoh Corporation, the sole manufacturer of ethyleneamines in Japan, is increasing its prices for ethyleneamines shipped in Asia. Effective January 1, 2013, or as contract terms allow, Tosoh Corporation will raise Asian prices 10% for the grades indicated below:
Ethyleneamines and their derivatives find use in a wide variety of applications. These include epoxy hardeners, wet-strength resins for paper, chelates, pharmaceuticals, agrochemical intermediates, and many other applications that are the backbone of daily life.
WHO WE ARE
Tosoh Corporation is a Japanese chemical company established in 1935 and listed on the First Section of the Tokyo Stock Exchange. It is the parent of the Tosoh Group, which comprises 130 companies worldwide and a multiethnic workforce of over 11,000 people and generated net sales of ¥687.1 billion (US$8.4 billion at the year-end rate of ¥82.19 to the US dollar) in fiscal 2012, ended March 31, 2012.
WHAT WE DO
Tosoh is one of the largest chlor-alkali manufacturers in Asia. The Company supplies the plastic resins and an array of the basic chemicals that support modern life. Tosoh’s petrochemical operations supply ethylene, polymers, and polyethylene, while its advanced materials business serves the global semiconductor, display, and solar industries. Tosoh has also pioneered sophisticated bioscience systems that are used for the monitoring of life-threatening diseases, such as diabetes and certain cancers, and to prevent epidemics by identifying pathogenic microbes. In addition, Tosoh develops products and provides services to purify water and to monitor the environment as part of a commitment to a sustainable future.
Stock Exchange Ticker Symbol: JP: 4042
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