|
06.11.2014 07:00:00
|
Showa Denko Launches New Aluminum Casting Plant in Malaysia
Showa Denko (SDK)(Tokyo:4004) holds today an opening ceremony of new aluminum casting plant of SHOTIC Malaysia Sdn. Bhd. (STM) in Johor, Malaysia.
Showa Denko launches new aluminum casting plant in Malaysia. (Photo: Business Wire)
STM will be the SDK Group’s first production base outside Japan to cast aluminum. With a forging plant of SHOTIC Singapore Pte. Ltd. (STS), the Group has established an integrated aluminum forging and casting system in ASEAN region. STM will start mass production in November, and will meet lively demand for fine aluminum products through quick response to car manufacturers’ and parts suppliers’ needs.
"In its medium-term business plan, PEGASUS Phase 2, SDK positions SHOTICTM business as base and stable business,” said Hideo Ichikawa, CEO of Showa Denko. "By cultivating Asian market and focusing on development of new-product which automotive industry expects, SDK aims to further solidify the foundation of SHOTICTM business.”
|
1. Outline |
||
| Name | SHOTIC Malaysia Sdn. Bhd. | |
| Address |
PLO 168, Jalan Persiaran Tanjung Langsat Kompleks Perindustrian Tanjung Langsat 81700 Pasir Gudang, Johor, MALAYSIA |
|
| Establishment | October 25, 2012 | |
| Director | Yasuki Kitatani | |
| Capital | RM 48 million (JPY 1.6 billion) | |
| Ownership | Wholly owned by Showa Denko K.K. | |
| Products | Continuously cast aluminum rods, and billets | |
|
2. About SHOTICTM business |
| SDK has an integrated aluminum casting and forging facility at Kitakata, Fukushima Prefecture, Japan, and two aluminum forging subsidiaries outside Japan, STS in Singapore, and SHOTIC Europa Industria de Aluminio, Lda. in Portugal. With the completion of the STM’s plant, SDK strengthens its aluminum products supply system for Asian market. At the same time, by securing casting capacity at two locations, SDK ensures the security of its supply chain. |
|
3. About SHOTICTM products |
||
| a) | The cast aluminum rods (trade name: SHOTICTM) | |
| It has fine and homogeneous metal structure based on its proprietary continuous casting process. The Group sells SHOTICTM as raw materials for forged products. | ||
| b) | The forged aluminum products | |
|
They use the cast rods SHOTICTM and have excellent mechanical properties, such as high strength, good resistance to abrasion, and low thermal expansion coefficient. The Group produces them for various applications including automotive air-compressor components, engine pistons, and parts for automotive suspension systems. |
||
About Showa Denko
Showa Denko K.K. (SDK)
(Tokyo:4004)(ISIN:JP3368000000), established in 1939, is one of Japan’s
leading chemical companies. The Showa Denko Group had annual sales of
848 billion yen in 2013, and consists of 159 companies with more than
10,000 employees.
Its business portfolio includes six segments; Petrochemicals, Chemicals, Electronics, Inorganics, Aluminum, and Others. Based on its inorganic, metal and organic chemical technologies, the SDK Group provides individualized products in various areas including energy/environment, electronics, and basic materials for industrial use.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20141105006945/en/
Der finanzen.at Ratgeber für Aktien!
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Showa Denko K.K.mehr Nachrichten
| Keine Nachrichten verfügbar. |
Analysen zu Showa Denko K.K.mehr Analysen
ETF-Sparplan
Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.