Aug 05, 2019 16:00 JST

Source: Showa Denko K.K.

SDK Starts Shipments of BMC for TOYOTA's Hybrid Vehicles in China


TOKYO, Aug 05, 2019 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) has started supplying bulk molding compound (BMC) to Toyota Motor Corporation (TOYOTA) as sealing material for generator motors used in TOYOTA COROLLA HYBRID and TOYOTA LEVIN HYBRID recently launched in China. The BMC material, produced by Shanghai Showa Highpolymer Co., Ltd, is being shipped to Toyota Motor (Changshu) Auto Parts Co., Ltd.

 


SDK's BMC has such characteristics as high heat conductivity, insulation properties, heat resistance, fluidity, dimensional stability and chemical resistance. The material has been used as sealing material for generator motors for hybrid vehicles (HVs), such as TOYOTA's PRIUS. This time, TOYOTA decided to develop and produce electric-vehicle power trains in China on the occasion of the introduction of two new HV models for the Chinese market. In response to this new policy, Shanghai Showa Highpolymer started producing BMC for HVs for the first time since its foundation in 2010, and supplying the material to Toyota Motor (Changshu) Auto Parts. The HV market in China is expected to expand in line with the government's tightening of environmental protection.

There is an increasing need in the world for improving fuel efficiency of cars and reducing exhaust gas as a means to prevent air pollution and cut greenhouse gas emissions. This is encouraging consumers to take a keen interest in ecological cars. The Chinese government introduced this year a new environmental regulation, obliging car makers to produce a certain number of new energy vehicles (NEVs). There is a move to spread the use of HVs as fuel-efficient cars for environmental protection. Thus, the HV market is expected to grow further.

The Showa Denko Group's vision is to make itself a group of "individualized businesses" with profitability and stability maintained at high levels over a long period. Under its medium-term business plan "The TOP 2021," SDK aims to expand its Functional Chemicals business, including BMC, into an "individualized business" by anticipating changes in society/market and providing products/services with high social value.


About Showa Denko K.K.
Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory/ graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high bright LEDs, and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.


Contact:
Showa Denko K.K., Public Relations Office, Tel: 81-3-5470-3235
Source: Showa Denko K.K.
Sectors: Automotive, Chemicals

Copyright ©2020 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release


Showa Denko Announces Results of Tender Offer for Shares in Hitachi Chemical Company, Ltd. (JP:4217) and Change in Subsidiary (a Second-tier Subsidiary Company)
April 21 2020 15:00 JST
 
Showa Denko Announces Fundraising, Capital Reduction of the Consolidated Subsidiary and Change in the Specified Subsidiary Company
April 21 2020 15:00 JST
 
Showa Denko, AIST, NEDO and ADMAT Prove AI Speeds up Development of Flexible Transparent Film
April 13 2020 14:00 JST
 
Outline of Showa Denko CEO Message to Newly-hired Employees
April 01 2020 11:30 JST
 
Showa Denko to Commence Tender Offer for Shares in Hitachi Chemical Company, Ltd. (JP:4217)
March 23 2020 15:00 JST
 
Showa Denko Group to mass produce SPALF Packaging Material for large-scale Onboard LIBs
March 18 2020 15:30 JST
 
SDK Receives Award for Used-Plastic Chemical Recycling Business
February 28 2020 15:00 JST
 
SDK Announces Progress Towards the Tender Offer for Shares of Hitachi Chemical Company, Ltd. (JP:4217)
February 28 2020 15:00 JST
 
SDK Records Impairment Loss (Extraordinary Loss)
February 13 2020 16:00 JST
 
SDK Announces Partial Amendment to Earlier News Release on "Changes in Representative Director and Other Members of Management"
February 13 2020 16:00 JST
 
More Press release >>

Latest Press Release


More Latest Release >>