Overview
In Environmental Protection, we market polymer flocculants for wastewater treatment, which accelerate industrial wastewater sludge sedimentation, and slurry agents used in underground excavation.
In Construction, we market PPG used in applications such as sofa cushions and heat insulating materials.
FY2024 Business Performance
In the Environmental Protection segment, sales were weak due to sluggish domestic market conditions for cationic monomers used in polymer flocculants.
In the Construction segment, there was a slump in sales of cement agents due to weak demand and sales remained flat due to a recovery in sales of raw materials for polyurethane foams used in furniture, insulation agents, and other applications.
As a result, total net sales in this segment decreased by 2.9% year on year, to ¥14,594 million. Operating profit was ¥4 million (a decrease of 99.2% year on year).