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Japanese chemical company From Wikipedia, the free encyclopedia
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Native name | 信越化学工業株式会社 |
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Romanized name | Shin'etsu Kagaku Kōgyō kabushiki kaisha |
Company type | Public KK |
Industry | Chemicals |
Founded | (September 16, 1926 ) (as Shin-Etsu Nitrogen Fertilizer) |
Headquarters | 4-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-0005, Japan |
Key people | Chihiro Kanagawa (Chairman) Yasuhiko Saito (President) |
Products | |
Revenue | ![]() |
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Number of employees | 17,892 (as of April 28, 2014) |
Website | Official website |
Footnotes / references [1][2][3] |
Shin-Etsu Chemical Co., Ltd. (信越化学工業株式会社, Shin'etsu Kagaku Kōgyō kabushiki kaisha) is the largest chemical company in Japan, ranked No. 9 in Forbes Global 2000 for chemical sector. Shin-Etsu has the largest global market share for polyvinyl chloride, semiconductor silicon, and photomask substrates.[4]
The company was named one of Thomson Reuters Top 100 Global Innovators in 2011, 2012, 2013 and 2014.[4]
“Shin-Etsu” in the company's name derives from Shin'etsu Region, where the company established the first chemical plant as Shin-Etsu Nitrogen Fertilizer in 1926, though the company today is headquartered in Tokyo and has its manufacturing locations in 16 countries worldwide.[5][6]
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Shin-Etsu Nitrogen Fertilizer Co., Ltd. was founded in 1926 and in 1927 the Naoetsu plant was constructed for the production of carbide and lime nitrogen fertilizer. In 1938 the first facility of the Gunma Complex was established. The company changed its name to Shin-Etsu Chemical Co., Ltd. in 1940.[7]
In 1945 the company expanded with the construction of the Takefu plant.[8]
In 1949, the company shares were listed on the Tokyo stock exchange.[8]
The first silicone production facilities were set up in 1953.[9][10] Shin-Etsu established Nissin Chemical Industry Co., Ltd. in 1955, which was followed by the establishment of Shin-Etsu Polymer Co., Ltd. in 1960 and two years later the Shin-Etsu Astech Co., Ltd.[8]
The Kashima plant was constructed in 1970 and the following year the company headquarters relocated to the Asahi Seimei Otemachi Building in Ohtemachi, Chiyoda-ku, Tokyo. In 1972, Shin-Etsu Quartz Products Co., Ltd. was established.[8]
In 1973 the first company in the U.S. was established, Shintech, Inc.,[11] as well as the first in Malaysia, S.E.H. Malaysia Sdn. Bhd.[12]
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