Pelnox's extensive product line is utilized by over 1,000 global firms in diverse fields, from electronics to auto-parts, sports equipment, and daily essentials.
Founded in 1970, Pelnox has leveraged its proprietary technology and know-how for extraordinary growth as a formulator of resin compounds and tailored products.
In a conversation with company president Yoshihiro Motoki, the company leader points to the strength of the Japanese chemical industry. "The most advanced area is its capability to provide photoresist for semiconductors. Japanese companies dominate with 90% of the global market share because they can mass-produce high-purity products with fine synthesis and filtration technology.”
The miniaturization trend in electronics has led to a demand for advanced functional chemicals for products such as LCDs, solar cells, OLEDs, and EVs.
“For us, the more types of raw materials we can use, the more we can demonstrate our compounding and mixing technologies,” Mr. Motoki explains. “The insulating materials business has potential for developing new products, while the company is also entering new markets, such as binder materials for CFRP used in rockets.”
The shift to electric vehicles is a great opportunity due to the increased number of electronic control unit circuits they need.
“Our strength is our ability to provide heat resistant and heat dissipating materials, functioning in extreme temperature environments where our resins don’t crack. We are collaborating with major semiconductor module manufacturers to develop resins for use in next-generation semiconductors for EVs.”
Growth and profit are clearly part of Pelnox’s objective but as Mr. Motoki says: “The passion of our employees to challenge themselves
is what matters most.”