Osaka Organic Chemical Industry Ltd. ( (JP:4187) ) has provided an announcement.
Osaka Organic Chemical Industry Ltd. has signed a basic agreement with Shin-Nakamura Chemical Co., Ltd. to establish a joint venture in the United States. This move aligns with their medium-term management plan, Progress & Development 2030, aiming to enhance the sales of specialty acrylic acid esters in the U.S. market. The joint venture is expected to have a negligible impact on the company’s financial results for the fiscal year ending November 30, 2025.
More about Osaka Organic Chemical Industry Ltd.
Osaka Organic Chemical Industry Ltd. operates in the chemical industry, focusing on the manufacture and sale of specialty acrylic acid esters. These esters are used in various products such as coatings, adhesives, inks, electronic materials, and cosmetics. The company is actively expanding its business globally, with a particular emphasis on strengthening sales in overseas markets.
YTD Price Performance: -14.52%
Average Trading Volume: 11
Technical Sentiment Signal: Strong Buy
Current Market Cap: €286.3M
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