The general evaluation of NIPPON SHOKUBAI (JP), a company active in the Speciality Chemicals industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date March 25, 2022, the closing price...
OSAKA, Japan--(BUSINESS WIRE)-- NIPPON SHOKUBAI CO., LTD. (Headquarters: Chuo-ku, Osaka; President: Yujiro Goto, hereinafter “Nippon Shokubai”)(TOKYO:4114) announces that its subsidiary PT. NIPPON SHOKUBAI INDONESIA (hereinafter “NSI”) has been granted Tax Holiday (*) from Ministry of Finance Indonesia for its Acrylic Acid (hereinafter “AA”) investment plan which was decided in October 2018. AA, one of Nippon Shokubai’s core businesses, shows steady growth of demand as a key material for superabsorbent polymers (hereinafter “SAP”) and acrylates (hereinafter “AES”) etc. Nippon Shokubai conclu...
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