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Ube Industries Ltd (4208.T)

4208.T on Tokyo Stock Exchange

2,687JPY
16 Oct 2018
Change (% chg)

¥14 (+0.52%)
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¥2,673
Open
¥2,650
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¥2,699
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¥2,646
Volume
530,900
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507,166
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¥3,530
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¥2,572

Latest Key Developments (Source: Significant Developments)

Ube Industries and Maxell Holdings reaches basic agreement to reorganize and integrate business
Tuesday, 31 Jul 2018 02:14am EDT 

July 31(Reuters) - Ube Industries Ltd <4208.T>:Says it has reached basic agreement with Maxell Holdings, Ltd. <<<6810.T>>> to reorganize the framework of their joint venture, Ube Maxell Co., Ltd., and integrate the separator businesses of the three companiesa.The reorganization includes the transfer of Ube Industries’ separator business to Ube Maxell and the establishment of new joint venture with Maxell Holdings, Ltd.Says the new JV will be established on Dec. 10, and business will start on Jan. 1, 2019 .Says Maxell Holdings and the company will hold 51 percent stake and 49 percent stake in the new JV respectively .  Full Article

Pinnacle Renewable Enters Contract With Ube Industries
Thursday, 19 Apr 2018 07:30am EDT 

April 19 (Reuters) - Pinnacle Renewable Holdings Inc ::PINNACLE RENEWABLE HOLDINGS ANNOUNCES NEW OFF-TAKE CONTRACT IN JAPAN.SAYS ENTERED CONTRACT WITH UBE INDUSTRIES, DIVERSIFIED JAPANESE CONGLOMERATE WITH ANNUAL REVENUES OF ABOUT $6 BILLION.SAYS UNDER TERMS OF CONTRACT, CO TO SUPPLY 70,000 METRIC TONS PER ANNUM OF INDUSTRIAL WOOD PELLETS TO UBE BEGINNING LATE 2019.SAYS ENTERED LONG-TERM, TAKE-OR-PAY OFF-TAKE CONTRACT WITH UBE INDUSTRIES LTD.  Full Article

Pinnacle Renewable Holdings Announces New Off-Take Contract In Japan
Thursday, 19 Apr 2018 07:30am EDT 

April 19 (Reuters) - Pinnacle Renewable Holdings Inc ::PINNACLE RENEWABLE HOLDINGS ANNOUNCES NEW OFF-TAKE CONTRACT IN JAPAN.PINNACLE RENEWABLE HOLDINGS - ENTERED A DIVERSIFIED JAPANESE CONGLOMERATE WITH ANNUAL REVENUES OF APPROXIMATELY US$6 BILLION.PINNACLE RENEWABLE - UNDER TERMS OF CONTRACT, CO TO SUPPLY 70,000 METRIC TONS PER ANNUM OF INDUSTRIAL WOOD PELLETS TO UBE BEGINNING LATE 2019.PINNACLE RENEWABLE - ENTERED LONG-TERM, TAKE-OR-PAY OFF-TAKE CONTRACT WITH UBE INDUSTRIES LTD.  Full Article

Ube Industries, JSR and Mitsubishi Chemical announce start of new company for integration of ABS resin business
Tuesday, 9 Jan 2018 01:35am EST 

Jan 9 (Reuters) - JSR Corp <4185.T>:Says it will start to set up a Tokyo-based company on April 1, for integration of ABS resin business, with UMG ABS, Ltd., which is equally owned by Ube Industries Ltd <<<4208.T>>> (50 percent) and Mitsubishi Chemical Corp (50 percent).Says the new company will be capitalized at 3 billion yen .Says it will hold 51 percent stake in the new company after transaction .  Full Article

R&I affirms Ube Industries rating at "A-" and says stable outlook -R&I
Monday, 13 Nov 2017 01:30am EST 

Nov 13 (Reuters) - Ube Industries Ltd <4208.T>:Says Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-" -R&I.Says rating outlook stable -R&I.  Full Article

Ube Industries to transfer building material business to unit Ube Kenzai
Wednesday, 1 Nov 2017 03:14am EDT 

Nov 1(Reuters) - Ube Industries Ltd <4208.T>:Says it plans to transfer building material business to its wholly owned unit Ube Kenzai Corporation.,LTD, effective April 1, 2018.  Full Article