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idemitsu kosan co ltd (5019) Snapshot

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idemitsu kosan co ltd (5019) Details

Idemitsu Kosan Co., Ltd. manufactures and sells petroleum and petrochemical products. The company offers lubricants, such as marine and maintenance oils, metal working and industrial oils, grease products, liquid paraffin, transformer oils, rubber oils, solvents and general-purpose lubricants, traction drive fluids, polyvinylether, and polyalkylene glycol oils. It also provides petrochemicals, including basic and performance chemicals, engineering plastics, solvents, and various functional materials; agricultural biotechnology products, such as microbial pesticides and soil amendments, agents for environment and greening, functional animal feeds, and materials for farm production; and electronic materials comprising organic light-emitting diode materials, transparent electrode materials, special polycarbonate resins, and coating materials. In addition, the company is involved in the investigation, exploration, development, and sale of oil, coal, uranium, and geothermal resources; generation of renewable energy from wind, solar, bio fuels, and hydrogen; transportation and storage of petroleum products; sale of service station products; import, purchase, and sale of liquefied petroleum gas; design, construction, maintenance, and management of petroleum-related facilities; and import and sale of agricultural chemicals. Further, it is engaged in the design, installation, fabrication, and sale of various machinery, equipment, and devices for chemical-industrial and environmental-protection uses; and real-estate selling, leasing, and managing activities. Additionally, it offers optics and packaging materials; plastic products; protein materials; credit card services; and computer-software development, sales, and consulting services. Idemitsu Kosan Co., Ltd. operates in Japan, Asia, Oceania, North America, Europe, and internationally. The company was founded in 1911 and is headquartered in Tokyo, Japan.

8,749 Employees
Last Reported Date: 06/26/14
Founded in 1911

idemitsu kosan co ltd (5019) Top Compensated Officers

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idemitsu kosan co ltd (5019) Key Developments

LGD In Discussions To Acquire Global OLED

According to the Korea Times, LG Display Co., Ltd. (KOSE:A034220) is in talks to acquire Global OLED Technology LLC. LGD now owns 65% of GOT, with the rest being owned by Idemitsu Kosan Co. Ltd. (TSE:5019) (33%) and LG Chem (2%).

Idemitsu Kosan Co. Ltd., Kyushu Electric Power Company and Tokyo Gas Co. Ltd. Announce Joint Development of a Coal-Fired Power Plant

Idemitsu Kosan Co.,Ltd., Kyushu Electric Power Company Inc. and Tokyo Gas Co. Ltd. have all agreed to jointly proceed with preparations for the development of a coal-fired power plant. As a result of this, the plan is to establish a special purpose company (SPC) aiming for May this year. In accord with full liberalization of the electric power retailing, the three companies, will make use of the strengths in the value chains that each possess to implement a more safe, stable, and competitive electric power supply to meet social demands and expectations as energy companies. Furthermore, will do best with regard to environmental measures and contribute to the regional economy as well.

Idemitsu Kosan Co.,Ltd. to Construct Binary Geothermal Power Station at the Takigami Office of Idemitsu Oita Geothermal Co., Ltd

Idemitsu Kosan Co.,Ltd. announced that it has decided to construct a binary geothermal power plant at the Takigami Office of Idemitsu Oita Geothermal Co. Ltd., its wholly-owned subsidiary. Idemitsu Kosan has recently decided to construct a binary geothermal power plant on the site of the Takigami Office with a view to utilizing hot water before reinjection. Binary geothermal power generation is a method of electricity generation that uses two fluids, water as the heat source and another medium with a low boiling point; that is why the method includes the word binary in its name. This method of power generation enables the use of low temperature geothermal fluid than is traditionally used to produce electricity. Idemitsu Kosan will expand its supply of electricity produced from domestic, clean and renewable sources such as geothermal heat, thereby contributing to Japan's energy security through the diversification of energy sources.


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