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Sinochem News.
com Nissan Chemical recently announced that the company will stop production of melamine used in adhesives and decorative panels in June 2022
.
In addition, Nissan Chemical also took into account the aging of the production line at the Toyama plant.
Nissan Chemical said that the global melamine production capacity is twice the market demand
.
From the perspective of the Japanese domestic market alone, the production capacity of melamine is three times the demand
Due to the discontinuation of melamine production, it is estimated that by the middle of the fiscal year of March 2023, the operating profit of the chemical business will increase by approximately 1 billion yen
.
Nissan Chemical also said that due to the suspension of melamine production, the company's annual carbon dioxide emissions will be reduced by 26,000 tons