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g innovative technologies
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Code: 4114
March
M
h 2012
Investor & Public Relations Dept.
Contents
1. Introduction
1
2. NIPPON SHOKUBAI Who we are
3 Main Business
3.
4. New Business
5 Development of New Technologies
5.
6. Return Policy
Explanation of acronyms
SAP: Superabsorbent Polymers
AA: Acrylic Acid
AES: Acrylates
EO: Ethylene Oxide
EG: Ethylene Glycol
NAII: NA Industries, Inc. (USA)
NSI: PT.NIPPON SHOKUBAI INDONESIA (Indonesia)
1. Introduction
manufacturers
f t
off assembled
bl d products
d t ((automobiles
t
bil and
d
electronics)
1. Introduction
Nippon Shokubai
Nippon
pp Shokubai Products and Technology:
gy
z Hold major share of world market
z Superabsorbent Polymers (SAP): Top share of global market
2. NIPPON SHOKUBAI
- Who we are
FY 3/2011
FY 3/2012
Results
Record in income
New record in income
(Date)
Feb. 2012
Apr. 2012
Oct. 2012
Ordinary Income
(Product)
Ethylene Oxide
Acrylic Acid
SAP
Sales
3,500
350
3,000
300
2,500
250
2,000
200
1,500
150
1,000
100
500
50
0
2005
2006
2007
2008
2009
2. NIPPON SHOKUBAI
- Who we are
Basic chemicals
Ethylene
oxide
Ethylene
glycols
Carboxylic
acid
polymers
Automotive
catalysts
Propylene
Naphtha
Acrylic
A id
Acid
Acrylates
Functional
chemicals
E&I
materials
Process
catalysts
Specialty
acrylates
Polymer
y
for
paints, adhesive
s, and tackifiers
Environment&
catalysts
Superabsorbent
polymer
Zirconia
sheet
2. NIPPON SHOKUBAI
- Who we are
Basic chemicals
Functional chemicals
8%
43%
49%
Core business
2. NIPPON SHOKUBAI
- Who we are
Established
Common stock
Net sales
Number of employees
Stock listings
Company Outline
August 1941
25,038 million yen
(As of March 31, 2011)
288,345 million yen
(Consolidated Statements, FY3/2011)
3,576
(Consolidated Statements
Statements, FY3/2011)
Tokyo Stock Exchange, First Section
Osaka Securities Exchange,
g , First Section
2. NIPPON SHOKUBAI
- Who we are
1941
1943
1949
1959
History
1960
1967
1988
Established
NAexpansion
Industries, Inc.begins
in Tennessee,
(5) Global
USA
USA.
1991
1996
1998
1999
2003
2004
2008
<Technological Innovation>
1941
Succeeded
Succeeded in first commercial production of
phthalic anhydride in Japan.
1952
1959
(2)EO
-50
50
commercialization
Commercialized
C
i li years
d production
d since
ti off ethylene
th l
oxide
id ffor
the
first timeto
in strategic
Japan with our
own technology.
Added
products
1970
1983
1987
1997
2000
(6) Electronics
information
Started
production ofand
functional
dyes.
2006
Started
Started production of acrylic resins for optical
materials
materials
2. NIPPON SHOKUBAI
- Who we are
Management Profile
Masanori Ikeda
President
Continuing the present course. Aims to achieve not only the numerical
targets of TechnoAmenity 2015, but also the substance.
10
2. NIPPON SHOKUBAI
- Who we are
TechnoAmenity 2015
Corporate Philosophy
Providing affluence and comfort
to people and society,
with our unique technology
Vision
Management Philosophy
z Based upon a deep respect for humanity
z Coexisting with society, and working in harmony
with the environment
z Pursuing innovative technology
z Operating on the global stage
11
2. NIPPON SHOKUBAI
- Who we are
TechnoAmenity 2015
Vision/Target for
FY2025
Level to attain
in
FY2015
Business Portfolio
B i
Business
P
Portfolio
tf li
E&I
Materials
New
Energy
Current
Business
Health,
Medical
Fuel cell
materials
Improve
profitability
Medical
materials
Sales
30 billion
billi
Sales
5 billion
billi
Profitability
Improvement
committee
Functional
food
materials
Technology-related
Technology
related green
green chemistry, environmental protection
and evaluation
Now
12
2. Main Business
Acrylic acid
Basic chemicals
Functional
F
ti
l
chemicals
Superabsorbent polymer
etc.
13
2. Main Business
Superabsorbent
polymer
(SAP) *
*P
Powdered
d d polymer,
l
th
the principal
i i l raw material
t i lb
being
i
acrylic acid. A single gram of this polymer is able to
absorb as much as 1,000 grams of liquid.
14
2. Main Business
15
2. Main Business
7 to 8% annual g
growth
zSupply
June 2012
August 2013
July 2014
China: 30
30,000
000 t/yearScheduled
t/year Scheduled
Progressing as
planned
16
2. Main Business
2. Main Business
Paints (Acrylates)
Printing ink
(Acrylates)
(Acrylates)
Car paints
(Specialty acrylates, specialty methacrylates)
18
2. Main Business
Global Expansion of AA
Supply
pp y and Demand Trends
Global demand approx. 4 million tons (2010 estimate)
5 to 6%
% annual g
growth
Calender year
Demand (A)
2011
3,960
2012
4,150
5,140
77%
2013
4,340
5,270
4,550
5,850
79%
6,240
74%
73%
Progressing
as planned
The majority of Shokubais expanded AA facilities are used for internal use for SAP production and
external sales to the other SAP producers.
19
2. Main Business
(Kt/y)
SAP ffacilities
iliti
(Kt/ )
(Kt/y)
Belgium (Antwerp)
60
China (Zhangjiagang)
540
60
320
Japan (Himeji)
40
Singapore (Jurong Island)
140
60 60
U.S. (Houston)
90
Indonesia (Cilegon)
End of 2014
AA
620
780
SAP
470
590
2. Main Business
Kt/y
1,500
600
500
780Kt/y
1,000
(End of 2013)
120
400
300
160
500
200
620
470
100
0
0
A
Nippon
Shokubai
Others
Nippon
Shokubai
Others
21
2. Main Business
Ethylene Oxide
Ethylene
Ethylene oxide
Ethylene glycol
Basic
Chemicals
Ethanolamine
Higher
g
alcohols
Functional
Chemicals
2. Main Business
Fabric detergents
(Ethylene oxide, Ethanolamine,
SOFTANOL)
PET resins
(Ethylene glycol)
Polyester resins
(Ethylene glycol)
Synthetic detergents
(SOFTANOL)
23
2. Main Business
z EO centralization
Expansion of derivatives
1) Expansion of (meta) acrylic acid special ester
October 2013 Kawasaki Plant (new land acquired in 2007) new 20,000 ton/y
facilities on stream
* Meet the growing demand
* Reduction in quantity of EO shipped
24
4. New Business
2012
25
4. New Businesses
26
4. New Business
Battery Materials
z Materials for lithium-ion batteries
Lithium bis(fluorosulfonyl)imide (LiFSI)
z Features:
ea u es
z Strong points:
z FY3/2013
z FY3/2016
27
5. Development of
New Technologies
HO
HO
Dehydrate
OH
Developed highperformance
catalysts!
H2C
H2C
Oxidation
Acrolein
Propylene
CH3
Oxidation
Copyright 2011 NIPPON SHOKUBAI CO., LTD. All rights reserved.
OH
O Acrylic acid
Polymerization
SAP,
Adhesives.
Paints
Paints,
etc.
28
6. Return Policy
E pansion of In
Expansion
Investment
estment in Core B
Businesses
sinesses
FY3/2011 dividend
22 yen/share
22 yen/share
Yen/share
Ordinary
dividend
Commemorative
dividend*
Interim
End of p
period
Total
2 yen/share increase
18
1+2
Total
10
12
22
* 50th anniversary of the Himeji Plant (2 yen) and 70th anniversary of NIPPON SHOKUBAI (2 yen)
FY3/2005-3/2011
7-year average
FY3/2007-3/2011
5-year average
25.6
28.5
40.2
37.7
Yen/share
Interim
End of period
Total
Ordinary
dividend
11
11
22
Commemorative
dividend
Total
11
11
22
Notes to Readers
This presentation material (the
( the Material)
Material ) aims to provide readers with referential
information, not to solicit investment. The Material contains forward-looking
g
in
statements, and statements of this nature are based on reasonable jjudgments
accordance with information currently available. We neither commit to nor guarantee
the contents of the Material. Readers should be aware that actual results and events
might differ substantially from these projections.
IR Contacts:
+81-3-3506-7477
FAX:
+81-3-3506-7598
URL:
http://www.shokubai.co.jp
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