KH Neochem will end production and sales of certain solvents at its Yokkaichi Plant by December 2025.
Used in paints and inks, these solvents face low demand recovery, rising raw material prices, and higher fixed costs.
Despite efficiency efforts, profitability is unfeasible.
The company will focus on sustainable management and innovative materials to drive growth.
Used in paints and inks, these solvents face low demand recovery, rising raw material prices, and higher fixed costs.
Despite efficiency efforts, profitability is unfeasible.
The company will focus on sustainable management and innovative materials to drive growth.