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Nippon Soda Co., Ltd. ( (JP:4041) ) has provided an announcement.
Nippon Soda Co., Ltd. has announced the establishment of the NISSO Cellulose Technical Application Center Europe (NISSO CTAC EU) in Düsseldorf, Germany, to enhance its market presence and technical support in Europe. This new facility is part of the company’s strategy to expand its high-value-added business and improve profitability by strengthening overseas operations, particularly in the pharmaceutical excipients segment, with an eye on increasing production capacity by 2027.
More about Nippon Soda Co., Ltd.
Nippon Soda Co., Ltd. operates in the chemical industry, focusing on the production of pharmaceutical excipients, agrochemicals, and other chemical products. Their primary products include NISSO HPC, a binder with various high-performance features, and NISSO SSF, a lubricant used in tablet production. The company is expanding its healthcare business by providing tailored solutions and technical support.
YTD Price Performance: -1.99%
Average Trading Volume: 168,459
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen159.1B
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