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Ube Industries Announces the Transfer of Marketing and Logistics Operationsfor Limestone-Related Products

December 17, 2015

TOKYO, December 17, 2015 _ Ube Industries, Ltd. today announced that it has decided to transfer its marketing and logistics operations for limestone-related products to Ube Material Industries, Ltd. (hereafter “Ube Materials”). The change will be effective April 1, 2016 and encompasses the integration of marketing organizations. The details of the change are outlined below.

Overview of Business

Ube Industries engages in quarrying and external procurement of limestone, and manufactures and markets cement and limestone-related products.

Ube Materials manufactures and markets products made from raw material limestone, mainly supplied by Ube Industries. These products include quicklime (calcia) and magnesia clinker.

Purpose of the Transfer of Operations

The transfer of the marketing and logistics operations for limestone-related products from Ube Industries to Ube Materials, and the integration of marketing operations, will optimize the Ube Industries Group overall. At the same time, the Group will endeavor to increase net sales and profits by expanding (1) sales of limestone-related products for flue gas desulfurization, (2) sales of limestone aggregates, (3) sales of neutral stabilizers and heavy metal insolubilization materials for soil improvement, and (4) international business development.

The transfer does not encompass limestone quarrying operations or cement manufacturing and marketing, which will remain with Ube Industries.

Scope of Transfer and Schedule

Marketing and logistics operations for limestone-related products handled by Ube Industries, and related assets, will be transferred effective April 1, 2016.

Ube Industries made Ube Materials a wholly-owned subsidiary in 2013 through a share exchange, and has sought to maximize synergies by pursuing unified business strategies and realizing cost reductions. The integration of the marketing organizations for limestone-related products will further accelerate the strong collaboration between the companies, in aiming to further enhance the corporate value of the Ube Industries Group.

Company Data

Company Name Ube Industries, Ltd.
Location 1978-96 Kogushi, Ube, Yamaguchi, Japan
Representative Yuzuru Yamamoto, President and Representative Director
Line of Business Production and sale of chemical products, construction materials, and machinery, etc.; import and sale of coal; provision of electric power
Capital ¥58.4 billion
Date of Establishment March 1942
Company Name Ube Material Industries, Ltd.
Location 8-1 Aioi-cho, Ube, Yamaguchi, Japan
Representative Masanori Hirai, President and Representative Director
Shareholder Ube Industries, Ltd. (100%)
Line of Business Production and sale of magnesia clinker, lime-related products and fine materials, etc.
Capital ¥4.0 billion
Date of Establishment September 1949

Contact

For inquiries please contact
  • Ube Industries, Ltd.
  • Investor Relations & Public Relations Department
  • Corporate Planning & Administration Office
  • Seavans North Building, 1-2-1 Shibaura, Minato-ku, Tokyo 105-8449
  • Phone : +81-3-5419-6110
  • Contact us by Internet.
  • Ube Material Industries, Ltd.
  • Corporate Planning & Administration Dept.
  • Phone : +81-836-31-0190