Kureha Chemical Industries

Kureha Chemical Industries (TYO: 4023) is a Japanese manufacturer of specialty chemicals and polymers.

Corporate affairs

Kureha Chemical Industries is a member of the Mizuho keiretsu.

Polyglycolic acid

One of the company's long term investments is in polyglycolic acid (PGA).[1] The company developed a mass scale manufacturing technique for the chemical, which has been a development project of the company since the early 90s.[1] The company has stated a strategy of committing to invest in PGA for a long period, patiently waiting for market demand to develop.[1] To manufacture PGA, the company invested 100 million in a manufacturing facility in Belle, West Virginia to be located nearby a Dupont plant that produces glycolic acid, a primary feedstock for PGA.[1]

  1. 1 2 3 4 "Kureha's Gamble: Japanese firm goes to West Virginia to build novel chemical plant". Chemical & Engineering News. April 28, 2008.
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