& Daicel Chiral Technologies (China) Co., Ltd.
Looking to our cellulose derivatives business, in 2012 Daicel joined with Mitsubishi Rayon Co., Ltd. (currently Mitsubishi Chemical Corporation) to establish Toyama Filter Tow Co., Ltd. Moreover, to ensure the company had established a system for responding to robust demand, Daicel also upgraded its acetate tow production facilities at the Ohtake Plant and Aboshi Plant. In China, Daicel established Xi’an Da-An Chemical Industries Co., Ltd., which manufactures and sells acetate tow in Xi’an City, as a subsidiary of Ningbo Da-An Chemical Industries Co., Ltd., which manufactures cellulose acetate. These initiatives demonstrate how Daicel is creating a system capable of transitioning to domestic production of acetate tow in China.
In the organic chemicals business, Daicel took steps to establish a competitive structure in 2012 by consolidating the manufacture of sorbic acid and potassium sorbate from the Arai Plant to a base in China. Moreover, in 2015 we acquired the Health & Amenity business of Unitika Ltd. Daicel is now laying the foundation for a cosmetics and health care business
that is expected to show good growth. In 2016, we expanded production capacity for 1,3-butylene glycol and established a foundation
capable of responding to demand for cosmetics, a market we expect to
grow strongly in Asia and elsewhere.
As for our chiral separation business, we relocated Daicel Chiral Technologies (China) Co., Ltd. to a new and larger facility in 2013 and expanded our contract services for isolating chemical compounds and high-purity chiral reagent business. In addition, Daicel Chiral Technologies (India) Pvt. Ltd. in India expanded its contract services for isolating chemical compounds to respond to the growth of the pharmaceutical industry in China and India. Likewise, in 2015, Chiral Technologies Inc. in the United States acquired Diffinity Genomics’ DNA purification business and is now working to develop new businesses in the life sciences sector.
In the plastics business, a business segment that we had previously confined to Asia, Polyplastics Co., Ltd. continued to expand with the goal of globalizing its business in an effort to become the No. 1 solutions provider in engineering plastics. On the sales side, Daicel established Polyplastics Korea Ltd. in Korea in 2011, Polyplastics Europe GmbH in Germany in 2012, and Polyplastics USA, Inc. in the U.S.A. in 2012. In 2013, the company established Polyplastics Marketing Mexico, SA de CV in Mexico. In terms of production, the company strengthened its compounding capacity at Polyplastics Taiwan Co., Ltd. in Taiwan in 2012 and established Polyplastics (Nantong) Ltd., a compounding base in Nantong, China. In 2014, the company established a polyacetal production plant at Polyplastics Asia Pacific Sdn. Bhd. in Malaysia and established a system to globalize both manufacturing and sales. Daicel Polymer established Daicel Polymer (Thailand) Co., Ltd., in 2012 for thermoplastics compounding and created a system capable of responding to demand growth in the ASEAN countries. Looking to resin processing, in 2012 Daicel Novafoam, Ltd. and Tohoku Polymer Ltd., a subsidiary of Mitsui Chemicals, Inc., merged to form DM Novafoam, Ltd.
In the pyrotechnics devices business, in order to produce the optimum production site in 2011, we established Daicel Safety Systems Korea, Inc., an inflator manufacturing and sales company in Korea. In 2012, we acquired US Special Devices, Inc., an initiator manufacturing and sales company, as a subsidiary. As a result, we expanded initiator manufacturing capacity with the goal of optimizing global production. In 2015, in an effort to respond to expanding demand in the Americas, we established Daicel Safety Systems America Arizona, Inc. as our second U.S. base in the business of inflators for automobile airbags.
In 2016, in response to the economic recovery and growth in demand in the United States, we developed and expanded Daicel (U.S.A), Inc. into Daicel America Holdings Inc., a holding and management company with the aim of improving and strengthening the business foundation in the United States. We also established Daicel Safety Systems America Holdings, Inc., which oversees the inflator business in North America. In addition, we created Daicel ChemTech, Inc., a company dedicated to sales and marketing of organic chemicals in the U.S.A.
As a result, Daicel America Holdings, Inc. became the umbrella company with oversight for Daicel Safety Systems America Holdings, Inc., which oversees the inflator business in the U.S.A.; Daicel ChemTech, Inc., an organic chemical sales company; and Chiral Technologies Inc., a chiral separation business.
Daicel Safety Systems America Holdings, Inc. aims to expand and develop its businesses in addition to affiliating with various inflator companies in the U.S.A., including Daicel Safety Systems America, LLC and Special Devices Inc.
The Tunisian “Jasmine Revolution” that began on December 18, 2010, eventually spread throughout the Arab world.
On March 11, 2011, the Great East Japan Earthquake struck the Tohoku Region of Japan’s Pacific Coast. A tsunami greater than 10 meters in height caused extensive damage and spread mainly across the Sanriku Coast and the coastal areas of Fukushima Prefecture. The earthquake and tsunami also contributed to an accident at the Fukushima Daiichi Nuclear Power Plant.
In 2013, the United States launched what eventually would become a global recall due to problems with the inflators in automotive airbags manufactured by Takata Corporation in 2004. Many companies that manufacture inflators, including our own, increased production in order to meet the demand for replacement inflators.
The Islamist extremist group ISIL, formerly known as al-Qaeda, surged across the border between Syria and Iraq, creating a serious regional crisis since that time.
The United Nations Sustainable Development Summit was held on September 25?27, 2015, at the United Nations Headquarters in New York, with the participation of over 150 leaders of member states. The resulting document, “Transforming Our World: The 2030 Agenda for Sustainable Development” was adopted.