果酱视频

Sumitomo Seika Chemicals Co. announced it will withdraw from its powder resin business at the Chiba Works site by March 2027, marking the end of its production and sales of polyethylene and polypropylene powder resin products.

The decision follows a prolonged decline in the business environment, driven by stagnant market conditions and rising costs of raw materials. The company said that despite various efforts to sustain the operation鈥攊ncluding initiatives to boost productivity and revise pricing鈥攊t concluded that maintaining profitability in the medium to long term would not be feasible.

In a statement, Sumitomo Seika emphasized that while it had explored multiple avenues to continue operations, the cumulative challenges made continuation unsustainable. Orders for the products will no longer be accepted after September 2025, and all sales activities will be phased out by March 2027.

This move aligns with the company鈥檚 broader strategy outlined in its medium-term business plan, particularly under the initiative titled 鈥淏uilding Resilient Business Structure.鈥� The strategy aims to strengthen the overall health of the company鈥檚 operations by focusing on areas with stronger growth potential and streamlining businesses facing prolonged headwinds.

The withdrawal from powder resin production is part of Sumitomo Seika鈥檚 efforts to adapt to shifting market dynamics and optimize its portfolio. The company did not disclose how the closure will affect employees or production capacity at the Chiba Works, nor did it indicate any immediate plans for repurposing the facility.

Sumitomo Seika has long produced powder resins at its Chiba Works, and the decision to wind down the operation underscores the increasingly competitive and cost-sensitive nature of the chemical materials industry. As global demand patterns shift and raw material prices remain volatile, manufacturers face mounting pressure to reassess business units that no longer contribute to sustainable growth.

By concentrating its resources on more viable and resilient operations, Sumitomo Seika aims to improve long-term stability and continue delivering value across its core business segments. The company said it will continue to review its portfolio and take action where necessary to ensure alignment with evolving market needs and business conditions.

As Sumitomo Seika prepares to exit the powder resin segment, it reaffirmed its commitment to adapting proactively to global trends and positioning itself for future growth. Further updates on the transition process and future plans for the Chiba Works site may be disclosed in subsequent corporate communications.