According to Japanese Nikkei News and Taiwan and other media, after the US tax increase on the US$16 billion Chinese commodity on August 23, Japanese chemical giant Asahi Kasei decided to move its chemical companies in China back to Japan. The raw materials of the plant are on the US tax increase list, but the news did not indicate when the time was withdrawn from China. Analysts believe that it may only be to remove chemical companies affected by tariffs.
Asahi Kasei - a master of diversified business development based on basic chemicals
Asahi Kasei is one of the world's leading chemical giants. In 1922, Mr. Noguchi became the predecessor of Asahi Kasei, the predecessor of Asahi Kasei Co., Ltd., and later adopted the Kasari process for the first time in Japan to realize the industrialization of synthetic ammonia and expand the basic chemicals business. Production, through the expansion of caustic soda, liquid chlorine, nitrogen fertilizer, nitrocellulose, industrial explosives, copper ammonia, and viscose filaments, and became one of the largest chemical companies in Japan after the war.
Before 2000, Asahi Kasei's main business was concentrated in Japan. After that, it was plagued by the lack of Japanese resources. At the same time, the direction of domestic consumer demand in Japan changed, and the demand for bulk chemical products was sluggish. Under the above background, the original scale development encountered bottlenecks. The company turned to the internationalization strategy as a breakthrough direction. With Asia, North America and Europe as the core, about 60 bases in 15 countries around the world are actively carrying out business and shifting some of their production capacity to countries with market potential overseas. For example, Asahi Kasei accepted in 2000. The European and American composite resin subsidiary transferred by Nippon Steel Chemical Co., Ltd. has ensured the company's production base in Europe and America.