Shin-Etsu Chemical

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Shin-Etsu Chemical Co., Ltd.
Native name
信越化学工業株式会社
Shin'etsu Kagaku Kōgyō kabushiki kaisha
Company typePublic KK
IndustryChemicals
Founded(September 16, 1926; 97 years ago (1926-09-16))
(as Shin-Etsu Nitrogen Fertilizer)
Headquarters4-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-0005, Japan
Key people
Chihiro Kanagawa
(Chairman)
Yasuhiko Saito
(President)
Products
RevenueIncrease $ 13 billion (FY 2017) (JPY 1,441.4 billion) (FY 2017)
Increase $ 2.4 billion (FY 2017) (JPY 266.2 billion) (FY 2017)
Number of employees
17,892 (as of April 28, 2014)
WebsiteOfficial website
Footnotes / references
[1][2][3]
Rotterdam-Botlek, Shin Etsu (vinyl chloride monomer production plant)

Shin-Etsu Chemical Co., Ltd. (信越化学工業株式会社, Shin'etsu Kagaku Kōgyō kabushiki kaisha) is the largest chemical company in Japan, ranked No. 9 in Forbes Global 2000 for chemical sector. Shin-Etsu has the largest global market share for polyvinyl chloride, semiconductor silicon, and photomask substrates.[4]

The company was named one of Thomson Reuters Top 100 Global Innovators in 2011, 2012, 2013 and 2014.[4]

“Shin-Etsu” in the company's name derives from Shin'etsu Region, where the company established the first chemical plant as Shin-Etsu Nitrogen Fertilizer in 1926, though the company today is headquartered in Tokyo and has its manufacturing locations in 16 countries worldwide.[5][6]

History

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1926–2000

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Shin-Etsu Nitrogen Fertilizer Co., Ltd. was founded in 1926 and in 1927 the Naoetsu plant was constructed for the production of carbide and lime nitrogen fertilizer. In 1938 the first facility of the Gunma Complex was established. The company changed its name to Shin-Etsu Chemical Co., Ltd. in 1940.[7]

In 1945 the company expanded with the construction of the Takefu plant.[8]

In 1949, the company shares were listed on the Tokyo stock exchange.[8]

The first silicone production facilities were set up in 1953.[9][10] Shin-Etsu established Nissin Chemical Industry Co., Ltd. in 1955, which was followed by the establishment of Shin-Etsu Polymer Co., Ltd. in 1960 and two years later the Shin-Etsu Astech Co., Ltd.[8]

References

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  1. ^ "Company Profile". Retrieved January 21, 2015.
  2. ^ "Board of Directors". Retrieved January 21, 2015.
  3. ^ "Shin-Etsu: net income 2005-2014". Statista. Retrieved March 16, 2015.
  4. ^ a b "Top 100 Global Innovators 2014". Thomson Reuters. Retrieved January 21, 2015.
  5. ^ "Berman, Lawrence Sam, (15 May 1928–16 May 2023)", Who Was Who, Oxford University Press, 2007-12-01, doi:10.1093/ww/9780199540884.013.u7340, ISBN 978-0-19-954089-1, retrieved 2024-02-06
  6. ^ "Shin-Etsu Group Companies" (PDF). shinetsu.co.jp. Retrieved 2024-08-30.
  7. ^ "Shin-Etsu Chemical Co., Ltd. (SHECY)". finance.yahoo.com. Retrieved 2024-08-30.
  8. ^ a b c ev. "Company History". Shin-Etsu Chemical Co., Ltd. Retrieved 2024-08-30.
  9. ^ "Shin Etsu Silicones Of America". Global Cosmetic Industry. 2019-08-17. Retrieved 2024-08-30.
  10. ^ "Shin-Etsu Silicones". www.shinetsusilicones.com. Retrieved 2024-08-30.

Further reading

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