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
High Quality β-Nicotinamide adenine dinucleotide CAS 53-84-9 NADwith ready stock and best price
$3/UNIT FOB
2026-10-04
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
-
Japan Extends Bisphenol A Anti-Dumping Probe, Prolonging Uncertainty for Korean and Taiwanese Suppliers
-
Kemira to Acquire SIDRA Wasserchemie, Expanding European Water Treatment Footprint
-
Laboratoire PYC showcases its collagen-driven nutricosmetic innovations
-
Two Contractors Hospitalized After Deflagration at BASF Ludwigshafen Site
-
FDA Approves Lantheus’ TAUKLARIFY for Alzheimer’s Tau PET Imaging
-
FDA Grants Accelerated Approval to Bristol Myers Squibb’s ZENBEXUS, Launching First CELMoD Therapy in Multiple Myeloma
-
U.S. 10% Temporary Tariff Expires, New Section 301 Tariffs Not Yet Implemented
-
China’s Acrylic Emulsion Leaders Raise Prices by Up to 15% as Monomer Costs Surge
-
Chemical Tanker Explodes Off Oman Coast, Maritime Security Risk Escalates Again
Recommend Reading
-
![“Zero Tariff Is Not a Get-Out-of-Jail-Free Card”: Hainan’s Full Customs Closure—Boon or Trap for the Chemical Industry?]()
“Zero Tariff Is Not a Get-Out-of-Jail-Free Card”: Hainan’s Full Customs Closure—Boon or Trap for the Chemical Industry?
-
![“Did They Just Buy a Money Printer for ¥288 Million?”: Yip’s Chemical’s Bold Bet on Green Tech—Is This a Genuine Transformation or Just Another Story for the Stock Market?]()
“Did They Just Buy a Money Printer for ¥288 Million?”: Yip’s Chemical’s Bold Bet on Green Tech—Is This a Genuine Transformation or Just Another Story for the Stock Market?
-
![Agrochemical Markets at a Crossroads: Winter Stockpiling Begins Amid Cost Pressures and Fragmented Demand]()
Agrochemical Markets at a Crossroads: Winter Stockpiling Begins Amid Cost Pressures and Fragmented Demand
-
![Afidopyropen: The Silent Assassin of Sap-Sucking Pests—Promise, Pitfalls, and the Path to Sustainable Deployment]()
Afidopyropen: The Silent Assassin of Sap-Sucking Pests—Promise, Pitfalls, and the Path to Sustainable Deployment
-
![Jiangsu Fengshan Biochem Gears Up for Strategic Expansion in Selective Herbicide Intermediates and Active Ingredients]()
Jiangsu Fengshan Biochem Gears Up for Strategic Expansion in Selective Herbicide Intermediates and Active Ingredients
-
![This Week's Aniline Market Remains Stable at High Levels (2.9-2.13) in China]()
This Week's Aniline Market Remains Stable at High Levels (2.9-2.13) in China
-
![Business Society’s Market Outlook for Lithium Carbonate on August 17, 2026: Strong Consolidation]()
Business Society’s Market Outlook for Lithium Carbonate on August 17, 2026: Strong Consolidation
-
![Acetic Acid Market Prices Narrowly Consolidate]()
Acetic Acid Market Prices Narrowly Consolidate
-
![Methanol Market Prices Undergo Slight Adjustment]()
Methanol Market Prices Undergo Slight Adjustment
-
![FDA Revokes Orange B Authorization and Proposes Removing Citrus Red No. 2]()
FDA Revokes Orange B Authorization and Proposes Removing Citrus Red No. 2
