Tosoh to Raise Prices for Brominated Fine Chemical
Rising Costs Overshadow Profitability

Tokyo, Japan – Tosoh Corporation, the sole manufacturer of bromine in Japan, announced a price increase on 1-Bromo-3-chloropropane for all shipments worldwide.  The minimum delivered price on a full container shipment (20 metric tons) will become 5.00 Euro/kg (DDP) effective April 1st, or as contracts allow. 
 
“The increase is in line with the rising value of bromine-related markets and although recent prices have better reflected costs, steep increases for raw materials and logistics have overshadowed attempts to implement acceptable returns,” said Dr. Katsumi Sando, General Manager of Tosoh’s Organic Intermediates business.  Rising external costs and long-term erosion of market prices resulted in a price structure that could not support investment for stabilizing future supplies. 

Tosoh Corporation as a leading manufacturer of bromine is developing operations domestically and abroad with its high purity bromine (HBr) gas.  Based on strengths such as a totally integrated manufacturing plant for BCP, the Company continues to expand as a world supplier of high-value fine chemicals.  Elemental bromine and compounds are vital raw materials contributing to the production of pharmaceuticals, flame retardants, photographic chemicals, dyes, and many other applications that support the backbone of daily modern life.

Tosoh Corporation
Headquartered in Tokyo, Japan, Tosoh Corporation is a diversified global chemical and specialty materials company. Founded in 1935, the Company has expanded its reach into high value-added businesses such as fine chemicals, scientific instrumentation, thin film materials, and quartzware. Tosoh is a multi-billion dollar corporation that employs more than 9,000 people worldwide and is listed on the Tokyo Stock Exchange. 

Stock Exchange Ticker Symbol: 4042 

For more information, please contact:

International Public Relations
Tosoh Corporation
Michael Hoover
m_hoover@tosoh.co.jp
Tel: +81-3-5427-5118 
Fax: +81-3-5427-5198
www.tosoh.com

Disclaimer
This document contains forward-looking statements, including without limitation, statements concerning product development, objectives, goals, and commercial introduction, which involve certain risks and uncertainties. The forward-looking statements are also identified through use of the words "anticipates," "plans," "expects," and other words of similar meaning. Actual results may differ significantly from the expectations contained in the forward-looking statements.

Tosoh Corporation
3-8-2 Shiba, Minato-Ku
Tokyo 105-8623
Japan
Tel 81-3-5427-5118
Fax 81-3-5427-5198 info@tosoh.co.jp