Company Overview / History
|Company name||Nissin Chemical Industry Co., Ltd.|
|Established||March 1, 1955|
|Main Office and Factory||2-17-33 Kitago, Echizen-shi, Fukui Prefecture
Telephone: +81-778-22-5100 Fax: +81-778-24-0657
|Sales Headquarters||Uchikanda TK Building, 1-5-13 Uchikanda, Chiyoda-ku, Tokyo
Telephone: +81-3-3295-3931 Fax: +81-3-3295-3929
|Shanghai Office||Grand Cru Room 50, 5F GIFCⅡ, 1438 Hongqiao Road, Shanghai 201103 P.R.China
Telephone: +86-21-6197-6251 Fax: +86-21-6197-6210
|Capital||500 million JPY|
|Shares||Total number of shares to be issued: 2.4 million shares
Total number of shares issued: 1 million shares
Number of shares owned by Shin-Etsu Chemical Co., Ltd.: 1 million shares
|End of fiscal year||February|
|Main banks||Bank of Tokyo-Mitsubishi UFJ, Fukui Bank|
|Major business partners||Main customers
Shin-Etsu Chemical Co., Ltd.; Daikin Industries, Ltd.; Kyoei Kasei; Zenichem Trading Co., Ltd.; Toyo Ink SC Holdings Co., Ltd.
Shin-Etsu Chemical Co., Ltd.; Daikin Industries, Ltd.; Shin-Etsu Astech Co., Ltd.; Evonic Japan Co., Ltd.; Kaneka Corporation.
Board of directors
|Chairman and Representative Director||Kazuo Ishida|
|President and Representative Director||Yoshiyuki Miyazawa|
|Senior Managing Director||Yoshiyuki Yasuhara|
|1955||Established as a company 60 percent owned by the Chisso Corporation, and 40 percent owned by Shinetsu Chemical Industry Co., Ltd., with paid-in capital of 50 million JPY.|
|1956||Commenced manufacture and sale of vinyl chloride resin and potassium sulfate fertilizer.|
|1960||Increased capital to 200 million JPY.|
|1961||Commenced manufacture and sale of vinyl chloride/vinyl acetate modified resin.|
|1965||All shares acquired by Shin-Etsu Chemical Co., Ltd.|
|1970||Commenced manufacture and sale of vinyl chloride emulsion and acetylenic alcohol.
Stopped manufacture and sale of potassium sulfate fertilizer because of change in raw materials of vinyl chloride.
|1972||Entrusted manufacture of vinyl chloride resin to Shinetsu Chemical Industry Co., Ltd.|
|1974||Increased capital to 500 million yen. Commenced manufacture and sale of hot-melt adhesives.|
|1975||Commenced manufacture and sale of vinyl acetate, acrylic, and other emulsions.|
|1976||Entered into Exclusive Distribution Agreement with Air Products and Chemicals, Inc. to distribute acetylenic chemicals in Japan and Southeast Asia.|
|1978||Entrusted vinyl chloride business to Shinetsu Chemical Industry Co., Ltd.|
|1980||Transferred the main office to Takefu City (now Echizen City) , Fukui Prefecture.|
|1982||Commenced manufacture and sale of medical products.|
|1987||Commenced manufacture and sale of silicone/acrylic group hybrid resin “CHALINE”.|
|1996||Obtained ISO 9002 quality assurance system certification for manufacture of vinyl chloride/vinyl acetate copolymer (product name: SOLBIN).|
|1998||Obtained ISO 9002 quality assurance system for manufacture of all products.|
|2000||Obtained ISO 14001 environmental management system.|
|2001||Obtained ISO 9001:2000 registration.|
|2002||Terminated Exclusive Distribution Agreement with Air Products (U.S.A.) regarding importation and sale of acetylenic alcohol products.
Entered into new Distributor Agreement with Air Products Japan, Inc.
|2003||Commenced manufacture and sale of Environmentally-friendly Hot Melt Adhesives.|
|2008||Commenced manufacture and sales of silicone family additive agents “SILFACE”.|
|2009||Commenced manufacture and sales of the high performance adhesives for paper tube.
Commenced manufacture and sales of new vinyl chloride emulsion “VINYBLAN 700 series”.
|2016||Evonik Industries AG inherited the DISTRIBUTOR-AGREEMENT with Nissin
after its acquisition of Air Products specialty additives business.