Tokai Carbon : Shutting down one production line at Ishinomaki Carbon Black Plant
August 25, 2016 at 05:15 am EDT
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News Release 2016
Shutting down one production line at Ishinomaki Carbon Black Plant
August 25, 2016
As part of the structural reform included in Mid-Term Management Plan T-2018 announced on February 12, 2016, Tokai Carbon will optimize the domestic Carbon Black production as follows.
Shutting down one production line at Ishinomaki Plant ( Miyagi Prefecture, Japan)
The existing four production lines at Ishinomaki plant will be streamlined to three lines, resulting 23% capacity reduction from existing 60 thousand ton per annum to 46 thousand ton per annum of Carbon Black production.
Timing of implementation End of September 2016
Impact on business performance
There will be no significant impact on the consolidated business performance from this item.
End of Notice
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Tokai Carbon Co. Ltd. published this content on 25 August 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 August 2016 09:14:05 UTC.
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Tokai Carbon Co., Ltd. is one of the Japanese leaders in manufacturing and marketing of coal and graphite products. The group is also producing industrial furnaces. Net sales break down by family of products as follows:
- coal and graphite products (69.6%): coal, graphite electrodes, special graphite and friction materials primarily for industrial, electronic, energy, automotive and mechanic applications;
- cathodes for smelting aluminum and furnace linings (18.1%);
- industrial furnaces and heating products (6.9%): for thermal processing of ceramic products, electronic components, metals, glasses, etc.;
- other (5.4%).
Net sales break down geographically as follows: Japan (24.6%), Asia (26.7%), the United States (26.5%), Europe (11.6%) and other (10.6%).