KH Neochem Co., Ltd. (TSE: 4189, President and CEO: Michio Takahashi, “KH Neochem”) has completed expansion project for refrigeration lubricant raw materials at Chiba Plant in July 2024.
1.Purpose of expansion project
Recently, there has been growing demand for KH Neochem’s refrigeration lubricant raw materials due to the expansion of the air conditioner market such as in emerging countries and the shift to environmentally friendly refrigerants to protect the ozone layer and prevent global warming. Refrigeration lubricant is a lubricating oil used inside the device that compresses refrigerants in air conditioners. With the tightening of international environmental regulations, demand for environmentally friendly refrigeration lubricants is expected to grow further in the future.
Through this expansion project, KH Neochem will strengthen and optimize the production capacity of the entire Chiba Plant, including for refrigeration lubricant raw materials, further enhancing profitability of the plant. By enhancing the supply of refrigeration lubricant raw materials, KH Neochem will help to bring about an environmentally friendly society.
2.Equipment overview
| Location | 11-1Goi Minami-kaigan, Ichihara City, Chiba Prefecture |
| Production item | Refrigeration lubricant raw materials, etc. |
| Capacity expansion | Annual production capacity 1.5 times the previous level |
For inquiries regarding this matter, please contact:
Corporate Communications and Investor Relations
KH Neochem Co., Ltd.
kouhou@khneochem.co.jp