Umicore, Nippon Shokubai JV automotive catalyst in Japan

Umicore, Nippon Shokubai JV for automotive catalyst in Japan

4:46 AM, 15th June 2012
Umicore, Nippon Shokubai JV for automotive catalyst in Japan
Automotive catalysts.

OSAKA, JAPAN: Umicore and Nippon Shokubai have formed a new joint venture in the field of catalysts for reducing vehicle emissions. The venture, Umicore Shokubai, will focus on providing automotive catalyst systems for Japanese manufacturers of light and heavy duty vehicles around the world. The new joint venture is owned 60 per cent by Umicore and 40 per cent by Nippon Shokubai. The joint venture is expected to be incorporated in the third quarter of 2012 subject to the standard regulatory approvals.

Umicore Shokubai will have its manufacturing and R&D centre in Himeji, Japan. It will deploy its technology to Japanese customers globally by using Umicore’s production and commercial infrastructure in North and South America. Umicore provides extensive product and process know-how, a global manufacturing footprint, a world-wide sales & marketing and applied technology network.

Umicore Shokubai has the intention to invest in a new automotive catalyst technical R&D centre to be built in Tokoname City, Aichi Prefecture, Japan. “Growing our catalyst business with Japanese automotive producers is a key element of our Vision 2015 strategy. This single global organization will enable us to better serve the needs of our Japanese customers and to play an even more significant role in their on-going success around the world,” said Marc Grynberg, CEO, Umicore.

© WOC News 



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

Indian Oil, ONGC in talks to acquire Haldia Petrochemicals

NEW DELHI/KOLKATA, INDIA: Indian Oil Corp and Mangalore Refinery & Petrochemicals, a subsidiary of Oil and Natural Gas Corporation (ONGC), are kee ...

Read more
Amyris awarded $8 million contract by DARPA

EMERYVILLE, US: Amyris Inc has been awarded a contract from the US Department of Defense Advanced Research Projects Agency (DARPA) to develop tools th ...

Read more
AkzoNobel demergers Pakistan activities

ISLAMABAD, PAKISTAN: AkzoNobel has completed the restructuring of its activities in Pakistan by formally establishing AkzoNobel Pakistan Limited as a ...

Read more
Gevo gets Delaware court order to maintain status quo

ENGLEWOOD, US: Gevo Inc, a leading renewable chemicals and next-generation biofuels company, issued a public statement in reaction to a temporary orde ...

Read more
BASF, Global Essence form menthol distribution JV in North America

FLORHAM PARK, US: BASF Aroma Chemicals business unit has signed a distribution agreement with Global Essence Inc, based in Freehold, New Jersey, for t ...

Read more
FMC acquires Phytone, expands natural colours business

PHILADELPHIA, US: FMC Corporation acquired Phytone Ltd, a leading natural colours producer based in the United Kingdom. There is a growing demand from ...

Read more uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X