Sumitomo Seika Chemicals to Sell Powder Resin Business at Chiba Plant
Sumitomo Seika Chemicals Co., Ltd. announced that it will stop production and sales of polyethylene powder resin products and polypropylene powder resin products at its Chiba Plant in March 2027.
The operating environment for the two products has become increasingly severe due to factors such as the sluggish market and rising raw material prices.
Although the company has taken various measures such as improving productivity and adjusting prices, it still believes that it is difficult to ensure the income required to maintain the business in the medium and long term.
The product will stop accepting orders in September 2025 and is scheduled to stop selling in March 2027.
Through these efforts, Sumitomo Seika Chemicals will promote the plan to "build a resilient business structure", which is one of the priority initiatives proposed in the medium-term business plan.
You May Interested In
2026-08-23
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Sumitomo Seika Announces It Will Double Its Water-Absorbent Resin Production Capacity
-
U.S. Includes Lithium in National Defense Stockpile for First Time, Plans to Purchase 16,200 Tons Over Five Years
-
South Africa Wants Lenacapavir at Home, Not Just Imported
-
Affordable GLP-1s Could Rewrite the Global Obesity Market
-
India’s Latest Manufacturing Clarification Is Really a Delayed Regulatory Line in the Sand
-
Global Ag M&A in 2025 Looked Less Like Expansion and More Like Selection
-
Canada’s Acynonapyr Review Offers More Than a New Mite Product
-
West Asia’s Conflict Is Testing the Hidden Fragility of Pharma Trade
-
The US Fertilizer Probe Is About More Than Pricing — It Is About Power
-
TAKAI Is Being Sold as More Than an Insecticide, and That Is the Point
Recommend Reading
-
![EU Clears Carlyle's Acquisition of BASF's Coatings Business, but Demands Divestment of Nouryon's Polysulfide Assets: What Are the Underlying Risks?]()
EU Clears Carlyle's Acquisition of BASF's Coatings Business, but Demands Divestment of Nouryon's Polysulfide Assets: What Are the Underlying Risks?
-
![Profits Are Rising, but So Are the Risks—China’s Coatings Industry Is Living Through Its Most Awkward Year]()
Profits Are Rising, but So Are the Risks—China’s Coatings Industry Is Living Through Its Most Awkward Year
-
![French Cosmetics Exports Poised for First Drop in Over Two Decades in 2025]()
French Cosmetics Exports Poised for First Drop in Over Two Decades in 2025
-
![Invista Reshuffles Global Nylon 66 Map: Shutting US and UK Plants, Betting Big on China—What Exactly Are They Aiming For?]()
Invista Reshuffles Global Nylon 66 Map: Shutting US and UK Plants, Betting Big on China—What Exactly Are They Aiming For?
-
![“Changing the Captain at Sea”: Hempel’s CEO Departs to Run a Ferry Giant—This Isn’t a Resignation Notice, It’s an Industry Stress Map]()
“Changing the Captain at Sea”: Hempel’s CEO Departs to Run a Ferry Giant—This Isn’t a Resignation Notice, It’s an Industry Stress Map
-
![This Week, the Chinese Polymeric MDI Market Showed a Strong Increase (12.1-12.5)]()
This Week, the Chinese Polymeric MDI Market Showed a Strong Increase (12.1-12.5)
-
![Refrigerant Prices Peak! Domestic Quotas Tighten, U.S. and U.K. Policies Add Fuel to the Fire]()
Refrigerant Prices Peak! Domestic Quotas Tighten, U.S. and U.K. Policies Add Fuel to the Fire
-
![Negative Factors Weighing Down, Hydrogen Peroxide Market Continues to Hit New Lows]()
Negative Factors Weighing Down, Hydrogen Peroxide Market Continues to Hit New Lows
-
![This Week's Hydrogen Fluoride Market Remains Steady (12.1-12.5)]()
This Week's Hydrogen Fluoride Market Remains Steady (12.1-12.5)
-
![Lithium Carbonate Officially Enters the Core Track of Global Strategic Reserves]()
Lithium Carbonate Officially Enters the Core Track of Global Strategic Reserves
