ラトビア対ウェールズ
<ウェブサイト名>
<現在の時刻>
MENU Company Company Back Company Message from Top Management Our Founding Spirit Brand Statement Our Story Our History of Value Creation Vision and Strategy Framework Group Vision Long-Term Management Strategy Management Policy Medium-Term Management Plan Corporate Information and Business Sites Business Overview Introduction of Executives Corporate Governance Group Companies Procurement Policy Corporate Policy over Internal Control Integrated Report Products and Technology Products Back Products Search by Application Mobility Architectural Materials Infrastructure / General Industry Electronics Semiconductors Energy Daily commodities, Food industry Life Science Search by Business Category Architectural Glass Automotive Display Electronic Materials Essential Chemicals Performance Chemicals Life Science Ceramics New Business Search by Name Search by Keyword Technology and Innovation back Technology and Innovation A Message from the Chief Technology Officer Technology Development Strategy Intellectual Property Strategy R&D Structure Core Technologies Technology Highlights Mobility Electronics Life Science AGC Yokohama Technical Center AGC OPEN SQUARE “AO” Overview Facility Guide Access Collaboration Research Collaboration System R&D Library Measures to Prevent Misconduct in Research and Properly Manage Public Research Funds Sustainability Sustainability Back Sustainability Protecting the Global Environment and Utilizing Resources Supporting the Evolution of Cities and Mobility Realizing Longevity Society Where People Can Live in Good Health Creating a Healthy and Secure Society through Connections Generating New Value from Fair and Safe Workplaces Message from the President and CEO The AGC Group’s Sustainability Management Sustainability Promotion System Download Report Site Reports External Evaluations GRI Standards Index Sustainability-related policies, criteria, and guidelines AGC Group Code of Conduct/Compliance Help Lines Investors Investors Back Investors Management Information To Our Shareholders Vision and Strategy Framework Business Risks Disclosure Policy Financial Highlights IR News IR Library Company Overview Presentations of Financial Results Presentations of Business Briefings Financial Results Financial Review AGC Review (Newsletter for Shareholders) ESG Information Sustainability Corporate Governance Integrated Report Stock and Bond Information Stock Information Corporate Bond and Rating Information Dividend Information Analyst Coverage General Meeting of Shareholders Methods for Various Stock Procedures Electronic Public Notice Articles of Incorporation Stock Price Contact Us FAQ IR Email News Support Information IR Calendar Cautionary Statement IR Site Map Careers News Contact EN JP CN Search December 16, 2003Management Print Asahi Glass and Sumitomo To Establish Joint Soda Ash Sales Company [Overview] Sumitomo Corporation (President and CEO: Motoyuki Oka) and Asahi Glass Co., Ltd. (President & CEO: Shinya Ishizu) have announced their decision to establish a 50-50 joint venture to sell soda ash, a material used mainly for glass products, in March 2004. Operations are expected to begin in April 2004. A profile of the new company is as follows: (1) Company name: Soda Ash Japan Co., Ltd (2) Office: 1-8-11 Harumi, Chuo-ku, Tokyo (3) Establishment: March 2004 (scheduled) (4) Start of marketing operations: April 2004 (scheduled) (5) Capital: ¥100 million (6) Shareholder: Asahi Glass: 50%; Sumitomo: 50% (7) President: To be assigned by Asahi Glass [Background] In 1917, Asahi Glass began manufacturing synthetic soda ash at the Kitakyushu Plant in Fukuoka Prefecture as a material for in-house glass products. Later, it started to produce soda ash for sale. In 2001, the Company suspended domestic production of soda ash to improve overall profitability, and instead began to import natural soda ash from the United States. Since then, it has used imported soda ash for its own glass production and for sale. Sumitomo has meanwhile imported natural soda ash from the United States since 1983 for sale in Japan. Sumitomo and Asahi Glass have cooperated in operating some of their soda ash import bases. Facing a difficult business environment, the two companies have agreed to establish a joint sales company in a bid to improve their profitability by reducing costs through an integration of their distribution systems and joint procurement. The new company is expected to become Japan's largest supplier of soda ash, controlling about 30% of the domestic market, with sales likely to total ¥5 billion yen in the initial year. Soda ash is a common name for sodium carbonate, one of the industrial chemicals. Half of the soda ash sold is used for the production of glass products, while the remainder is widely used by manufacturers of chemicals such as detergents, inorganic chemicals and dyes, as well as by the steel industry. Domestic demand for soda ash, which has been falling since it peaked at 1.4 million tons in 1979, stood at 930,000 tons in 2002. This downturn is attributable to a decline in the production of plate glass amid fewer housing starts and declining demand for glass for cathode-ray tubes as customers continue to shift production overseas. It also reflects weaker demand for beverage bottles given rising use of aluminum cans and PET bottles. Meanwhile, imports of Chinese-made soda ash have been rising in recent years, resulting in lower prices.
