March 13, 2023

Diverse Resources conservation and Resources

Idemitsu Establishes Advanced Materials (highly-functional materials) Company in South Korea

Idemitsu Kosan Co., Ltd. (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and Chief Executive Officer: Shunichi Kito, hereinafter referred to as “Idemitsu”) established on March 2, Idemitsu Advanced Materials Korea Co.,Ltd., to accelerate research and development of advanced materials (highly-functional materials) such as lithium battery materials, crystalline oxide semiconductors, organic EL materials, and new agrochemicals, and to strengthen the marketing system in South Korea.

当社は、2050年カーボンニュートラル社会の実現に向け、2030年ビジョン「責任ある変革者」、2050年ビジョン「変革をカタチに」を掲げています。昨年11月に発表した中期経営計画(対象年度:2023~2025年度) において、先進マテリアル分野では、お客様のニーズに応えるべく開発・製造・販売体制を強化し、事業拡大を進めるとともに、多様な省資源・資源循環に繋がる素材提供と社会実装を通じた循環型社会実現への貢献を目指しています。

当社が事業拡大を進める先進マテリアル(中期経営計画より抜粋)

Idemitsu will expand its advanced materials business
(excerpted from the mid-term management plan)

Based on the above policy, Idemitsu established Idemitsu Advanced Materials Korea Co., Ltd. The purposes of establishing this new company are to further strengthen cooperation with South Korean global companies that are leaders in advanced technology fields, such as next-generation batteries, high-speed communications, next-generation displays, and environmentally friendly materials, and to accelerate the research and development of advanced materials that accurately meet customer needs and strengthen the marketing system.
Idemitsu Advanced Materials Korea Co., Ltd. will establish an R&D center and marketing division in Osan, Gyeonggi-do, South Korea, to create a system to respond more quickly to customer needs. Going forward, Idemitsu will use the new company to deepen its collaboration with Korean companies and academia.

■Company Overview

  1. Company Name: 
    Idemitsu Advanced Materials Korea Co., Ltd.
    Idemitsu Advanced Materials Korea Co., Ltd.
  2. Address of the R&D center: Osan, Gyeonggi-do, South Korea
  3. Established: March 2, 2023
  4. Capital: 1.85 billion Korean won  (*Approx. 200 million yen)
  5. Investment Ratio: 100% Idemitsu Kosan

Regarding news release
 contact information

Idemitsu Kosan Co.,Ltd. Public Relations Department, Public Relations Division

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