Notice of Merger of Tosoh Consolidated Subsidiaries

Tokyo, Japan—Tosoh is pleased to announce that, effective October 1, 2017, its wholly owned subsidiaries Tosoh Finechem Corporation, Tosoh F-Tech, Inc., and Tosoh Organic Chemical Co., Ltd., will merge. Tosoh Finechem Corporation will be the surviving entity.

Each of the three subsidiaries develops, produces, and sells organic compounds of distinct characteristics. Their merger will combine their distinctive technologies to accelerate the development of chemical compounds, will facilitate the most effective use of production facilities, and will improve responsiveness to customers’ diverse needs. Tosoh Finechem Corporation will be positioned as a highly profitable, development-driven manufacturer of fine chemicals.

Overview of Merging Entities

Name Tosoh Finechem Corporation
(surviving entity)
Tosoh F-Tech, Inc.
(merged entity)
Tosoh Organic Chemical Co., Ltd.
(merged entity)
Headquarters 4555, Kaisei-cho, Shunan City, Yamaguchi Prefecture
4988, Kaisei-cho, Shunan City, Yamaguchi Prefecture
4988, Kaisei-cho, Shunan City, Yamaguchi Prefecture
Established July 1965 September 1975 July 1981
Capital ¥500 million
¥400 million
¥400 million
Description of business Manufacture and sale of organometallic compounds
Manufacture and sale of fluorinated organic compounds
Manufacture and sale of brominated organic compounds
Uses of main products Polymerization catalysts
Electronic materials
Medical and agrochemical organic intermediates
Industrial chemicals
Electronic materials
Medical and agrochemical organic intermediates
Industrial chemicals
Electronic materials
Medical and agrochemical organic intermediates

Overview of Suviving Entity

Name Tosoh Finechem Corporation
(surviving entity)
Headquarters 4555, Kaisei-cho, Shunan City, Yamaguchi Prefecture
Capital ¥500 million


TOSOH CORPORATION

WHO WE ARE

Tosoh is the parent of the Tosoh Group, which comprises over 100 companies worldwide and a multiethnic workforce of over 12,000 people and generated net sales of ¥753.7 billion (US$6.3 billion at the average rate of ¥120.15 to the US dollar) in fiscal 2016, ended March 31, 2016.

WHAT WE DO

Tosoh is one of the largest chlor-alkali manufacturers in Asia. The company supplies the plastic resins and an array of the basic chemicals that support modern life. Tosoh’s petrochemical operations supply ethylene, polyethylene, and functional polymers, while its advanced materials business serves the global semiconductor, display, and solar industries. Tosoh has also pioneered sophisticated bioscience systems that are used for the monitoring of life-threatening diseases. In addition, Tosoh demonstrates its commitment to a sustainable future in part by manufacturing a variety of eco-products.

Stock Exchange Ticker Symbol: 4042

DISCLAIMER

This document may contain forward-looking statements, including, without limitation, statements concerning product development, objectives, goals, and commercial introductions, which involve certain risks and uncertainties. Forward-looking statements are identified through the use of the word anticipates and other words of similar meaning. Actual results may differ significantly from the results expressed in forward-looking statements.

For more information, please contact

 

Jeff Markley
International Corporate Development
Tosoh Corporation

jeff.markley@tosoh.com
Tel: +81 3 5427 5118
Fax: +81 3 5427 5198