Friday, Sep 22, 2017
KH NEOCHEM CO., LTD.


Vision/Mission

“Realizing a brighter tomorrow for society through the power of chemistry.”  

We contribute to society as a unique chemical manufacturer supporting a healthy global environment and a comfortable life for people worldwide. 

 

Business Description

KH Neochem is Japan’s No.1 company for OXO and its related technologies. We offer chemical products including special alcohols, esters, fatty acids, and diols to support a wide range of manufacturing industries globally.

 

Background

1948 Kyowa Sangyo Co., Ltd. Began Japan’s first mass production of acetone and butyl alcohol

1949 Established Kyowa Hakko Kogyo Co., Ltd.

1966 Established Kyowa Yuka Co., Ltd. as a subsidiary chemical manufacturer of Kyowa Hakko Kogyo Co., Ltd.

1991 Merged Kyowa Yuka Co., Ltd. and Japan Oxocol Co., Ltd.

2004 Name changed to Kyowa Hakko Chemical Co., Ltd. when Kyowa Hakko Yuka Co., Ltd. merged with the Chemical Department of Kyowa Hakko Co., Ltd.

2011 Spun off from Kyowa Hakko Kirin Group as an independent entity under Japan Industrial Partners, Inc.

2012 Name changed to KH neochem Co., Ltd.

2016 Listed on the First Section of the Tokyo Stock Exchange

 

Markets

KH Neochem rolls out our businesses focused on three core areas;

- Performance Materials:  Lubricants, Waterborne Paints, Cosmetics, etc.

- Basic Chemicals: Solvents, Plasticizer, Resins, etc.

- Electronic Materials: LCD panels, semiconductors, etc.

 

Location

Head office: Tokyo, Japan

Business Locations: Osaka (Sales Branch Office, Logistics Center), Yokkaichi (Plant, R&D), Chiba (Plant)

Overseas Network: USA, China, Taiwan

 

Competitive Advantages

KH Neochem is one of the few manufacturers in the world with the high-pressure OXO equipment able to produce some particular OXO derivatives. We have top market share for those products. For example, we have approximately 50% global market share for ISONONANOIC ACID that is used for lubrication oil. We are also dedicated to safety and proud of our top-level record of no accident, no disaster in Japan.


Financial Projection

FY 2017 Perspective

 

Consolidated Sales:88.5 billion yen

Sales Profit   :10.3 billion yen

Recurring Profit   :10.6 billion yen

Net Profit   : 7.3 billion yen

ROE is more than 20%

 

WEB <http://www.khneochem.co.jp/en/ir/dl_files/20170824_Financial_Results_2017_1H.pdf>

 

Company Goals & Objectives

KH Neochem is working on “Challenge for Innovation”, a midterm management plan for 3 years 2016 - 2018. This midterm management plan is composed of three basic policies: “global expansion of sales of performance materials”, “strengthening of basic chemicals” and “creating firm basis toward future”.

 

We plan to advance further by steadily implementing these basic policies.

 

Employees

Consolidated number of employees: 731 (as of 2016)


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