Overview
In Plastics, we market a broad range of value-added products for plastics used in many everyday applications. In recent years, we have focused on permanent antistatic agents that prevent malfunctions in electronic components and keep dust out of plastics. Leveraging their long-lasting effectiveness, we have expanded their applications.
In Textiles, a business that dates right back to the beginnings of the Sanyo Chemical Group, the principal products we handle are spin finishes and modifiers used in manufacturing processes for synthetic fibers.
As well as contributing to higher value-added features in textiles, these products are increasingly used in agents used in textile manufacturing processes for industrial materials, including production of airbag yarns and seat belts for automobiles and carbon fibers.
FY2024 Business Performance
In the Plastics segment, sales performed well because sales of permanent antistatic agents grew due to a recovery in demand, and sales of paint coating agents and additives were also strong.
In the Textiles segment, sales remained flat due to sluggish demand for synthetic leather chemicals, despite a significant increase in demand for oil used in the manufacture of tire cord yarns and other products due to a recovery in demand in China, and a rebound in chemicals for carbon fibers used in wind turbines for wind power generation.
As a result, total net sales in this segment increased by 6.4% year on year to ¥26,839 million. Operating profit was ¥2,867 million (an increase of 21.1% year on year).