Showa Denko to Commercialize High-quality 1,3-BG

TOKYO, Oct 31, 2019 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) will commercialize 1,3-butylene glycol (1,3-BG), used mainly as raw material for cosmetics. SDK will finish installation of 1,3-BG production facilities in its Oita Complex by the end of 2019, with product sales scheduled for April 2020.

1,3-BG is formulated as a moisturizing ingredient in a wide variety of cosmetics, and demand is expected to grow 10% per year as Asian cosmetics demand increases. SDK will contribute to the growing Asian market and the raw material supply with high-quality 1,3-BG, produced with original technology, along with ethylene, in the SDK Oita Complex.

The Showa Denko Group has a vision of becoming a corporate group of Koseiha businesses (individualized businesses), which can maintain high levels of profitability and stability in each business sector, and aims to make more than half of its business sectors Koseiha businesses by 2025. As a chemicals group, we have promoted a business structure that generates stable and high profits regardless of market conditions. Going forward, we aim to become a chemicals business with the highest level of competitiveness in the East Asia region, increasing our profitability through commercializing new formulas for acetyl-based products, and strengthening business collaboration with industrial complexes.

Contact:

Showa Denko K.K., Public Relations Office, Tel: 81-3-5470-3235

Source: Showa Denko K.K.
Sectors: Chemicals, Spec.Chem, Cosmetics, Spec.Chem

Latest Release

Mazda Production and Sales Results for March 2024 and for April 2023 through March 2024
Apr 25, 2024 18:21 JST

MHI Begins Operation of SOEC Test Module the Next-Generation High-Efficiency Hydrogen Production Technology at Takasago Hydrogen Park
Apr 25, 2024 17:45 JST

GAC Honda to Begin Sales of All-new e:NP2, the Second Model of e:N Series
Apr 25, 2024 16:50 JST

Toyota Exhibiting at Beijing Motor Show 2024
Apr 25, 2024 16:25 JST

Honda Reaches Basic Agreement with Asahi Kasei on Collaboration for Production of Battery Separators for Automotive Batteries in Canada
Apr 25, 2024 11:10 JST

UNIQLO Sponsors KAWS + Warhol Exhibition Tour, Starting in Pittsburgh
Apr 25, 2024 09:00 JST

Mitsubishi Power Begins Commercial Operation of Seventh M701JAC Gas Turbine in Thailand GTCC Project; Achieves 75,000 AOH To-Date
Apr 24, 2024 17:19 JST

MC and Denka Sign J/V Agreement in Fullerene Business
Apr 24, 2024 17:02 JST

Mitsubishi Motors Posts Record Sales in the Philippines in FY2023
Apr 24, 2024 13:56 JST

NEC Develops High-speed Generative AI Large Language Models (LLM) with World-class Performance
Apr 24, 2024 13:25 JST

Fujitsu SX Survey reveals key success factors for sustainability
Apr 23, 2024 10:25 JST

Fujitsu and METRON collaborate to drive ESG success: slashing energy costs, boosting productivity with new manufacturing industry solutions
Apr 22, 2024 16:09 JST

NEC Strengthens Commitment to Space Industry with Investment in Seraphim Space Venture Fund II
Apr 22, 2024 15:09 JST

Soft Space Launches the First and Only JCB Payment Gateway in Malaysia
Apr 22, 2024 15:00 JST

TOYOTA GAZOO Racing takes a one-two in Croatian thriller
Apr 22, 2024 10:47 JST

First-ever Mazda CX-80 Crossover SUV Unveiled in Europe
Apr 19, 2024 13:50 JST

Fujitsu develops technology to convert corporate digital identity credentials, enabling participation of non-European companies in European data spaces
Apr 19, 2024 10:17 JST

Mitsubishi Heavy Industries and NGK to Jointly Develop Hydrogen Purification System from Ammonia Cracking Gas
Apr 18, 2024 17:01 JST

Toyota Launches All-New Land Cruiser "250" Series in Japan
Apr 18, 2024 13:39 JST

Fujitsu and Oracle collaborate to deliver sovereign cloud and AI capabilities in Japan
Apr 18, 2024 11:14 JST

More Latest Release >>

Latest Release

Related Release