March 24, 2017 7:26 PM ET

Chemicals

Company Overview of Ube Material Industries Ltd.

Company Overview

Ube Material Industries, Ltd. engages in the production, processing, and marketing of magnesia clinker and other refractory raw materials, calcia and other ceramic materials, and magnesium and calcium-based chemical products. The company also produces electronic and optical materials, fine ceramics and other composite materials, resin reinforcing materials, fertilizers, food additives, and soil stabilizers. In addition, it produces materials for civil engineering works and construction, housing construction, and agriculture and gardening applications; desulfurizer, dechlorinizer, and neutralizer of flue gas and sewerage; and improving agents of water and bottom sediments. The company is head...

8-1 Aioi-Cho

Ube-City,  

Japan

817 Employees

Phone:

81 8 3631 0156

Fax:

81 8 3621 9778

Key Executives for Ube Material Industries Ltd.

President and Representative Director
Age: 66
Deputy Chief Director of Production & Technology, Director of Technology and Executive Officer
Chief Director of Administration, Executive Officer and Director
Age: 64
Chief Director of Research & Development, Managing Executive Officer and Director
Age: 69
Director of Fine Material Business, Managing Executive Officer and Director
Age: 68
Compensation as of Fiscal Year 2016.

Ube Material Industries Ltd. Key Developments

Ube Material Industries Ltd. Announces Sales Results for the Second Quarter of Fiscal Year 2016

Ube Material Industries Ltd. announced sales results for the second quarter of fiscal year 2016. For the period, the company reported sales were JPY 21.0 billion.

Ube Industries, Ltd. Establishes Subsidiary in Bangkok, Thailand

Ube Industries Ltd. established a company for the manufacturing and marketing of MOS-HIGE magnesium oxysulfate whisker in Bangkok, Thailand. The new company is named Ube Materials (Thailand) Co. Ltd. and was established in September 2016. MOS-HIGE is added to plastics as a filler, helping to reduce the weight of automobiles. Demand for MOS-HIGE is growing as automakers strive to reduce the weight of automobiles in order to lower CO2 emissions to curb global warming. With demand for MOS-HIGE expected to continue growing, and with its commitment to better serving the local procurement needs of resin compound manufacturers outside of Japan, Ube Material Industries decided to establish a local subsidiary in Thailand, which is a center for automotive production in Asia. The establishment of the subsidiary will pave the way for Ube Material Industries to establish manufacturing facilities for MOS-HIGE in Thailand. The manufacturing facilities will be located within the complex operated by another UBE Group company, UBE Chemicals (Asia) Public Company Limited, in Rayong Province, Thailand. The facilities are expected to be completed in 2019.

Ube Material Industries Ltd. Reports Consolidated Earnings Results for the Full Year 2015

Ube Material Industries Ltd. reported consolidated earnings results for the full year 2015. For the year, the company reported sales of ¥38.9 billion. The company also reported increase in operating income year over year.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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