Tosoh Corp - Company Profile
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Business Description
Tosoh Corp (Tosoh), an integrated chemical company, offers commodity chemicals for industry, and specialty products and materials for high technology and niche markets. It serves various sectors including agriculture, chemical, petrochemical, building and construction, diagnostics, automotive, consumer electronics, information technology, bioscience, textile and clothing, transportation, packaging, medical, photovoltaics, personal care and semiconductors. The company operates through five business segments: Petrochemical, Chlor-alkali, Specialty, Engineering and Other. Other includes transportation and warehousing, inspection and analysis, and information processing.
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R&D Overview
The company plans and strengthens its businesses and enhances its ability to develop products. It combines its own R&D programs with joint research at external research facilities, including universities, other educational institutions and public research laboratories. Tosoh’s R&D organization consists of eight facilities and the Organo Corporation’s R&D Center. Tosoh conducts most of the analysis and research operations at the Nanyo and Yokkaichi Complexes. In FY2023, the company spent JPY21,400 million on R&D activities, which as a percentage of revenue, stood at 2%.
Business Segments
Overview
Comprises chlor-alkali, urethane, and cement operations. Chlor-alkali division produces caustic soda, vinyl chloride monomer (VCM), polyvinyl chloride paste (PVC), calcium hypochlorite, sodium bicarbonate, and others Urethane division manufactures isocyanate raw materials and functional urethanes, including methylene diphenyl diisocyanate (MDI), toluene diisocyanate (TDI), hexamethylene diisocyanate (HDI), polyurethane adhesives, coating resins, elastomers, polyisocyanates for polyurethane paints, and polyols Cement division produces cement and sells output to Taiheiyo Cement Corp.
Performance
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Overview
Includes water treatment equipment and construction businesses. The segment operates through Organo Corporation, Tohoku Denki Tekko Co Ltd, and other group companies. Organo sells water treatment systems to customers in the electronics, chemical, energy, food and beverage, paper and pulp, and healthcare industries. Organo’s solution business provides system maintenance and management, energy efficiency and environmental impact consulting, and water treatment outsourcing services. Organo’s functional products business handles the sales of water treatment systems and chemicals and materials used in food processing. Tohoku Denki builds various types of plants and furnishes electrical design, production, installation, and other construction services
Performance
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Overview
Manufactures and sells olefins and polymers. Primary product lines are polymers, including polyethylene and functional polymer products, and olefins. Manufactures hydrocarbon-based products such as ethylene, propylene, cumene, and aromatic compounds. Products from polymer operations include ethylene vinyl acetate (EVA); low-density polyethylene (LDPE); linear low-density polyethylene (LLDPE); and high-density polyethylene (HDPE). Polymer operations also produce functional polymers such as chloroprene rubber (CR), chlorosulfonated polyethylene (CSM) rubber, and polyphenylene sulfide (PPS) resin
Performance
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Overview
Encompasses organic chemicals, bioscience, and advanced materials operations. It manufactures and sells fine chemicals, scientific and diagnostic instruments and systems, quartz, specialty materials and metals. Clients include companies in the pharmaceutical, health care, semiconductor, consumer electronics, and automobile industries.
Performance
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Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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