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Showa Denko plans to change its name

 Last Update: 2022-04-25
 Source: Internet
 Author: User

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Recently, Japan's Showa Denko Co.
, Ltd.
announced that the company plans to change its name to Resonac and change the existing corporate structure
.

Showa Denko said the plan needs to be voted on at an extraordinary general meeting of shareholders scheduled for the end of September, as well as relevant regulatory approvals

Showa Denko stated that the business objectives of the newly formed group are: "Have top competitiveness as a chemical manufacturer, be able to make decisions and actions quickly and flexibly, and create better together with key players and consumers in various industries.
Society
.

" The report said the company's new name, Resonac, was derived from a combination of the words "resonance" and "chemistry

According to reports, the planned reorganization will integrate the existing companies Showa Denko and Showa Denko Materials Co.
, Ltd.
(formerly Hitachi Chemical)
.

Showa Denko said further details of the integration will be announced as soon as the name change decision is finalized

Showa Denko was established in June 1939 and is an established chemical manufacturer in Japan
.

In 2021, the company's sales will be 1.

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