- Business
- Hodogaya Chemical Co., Ltd., founded in 1916 and headquartered at Shiodome Sumitomo Bldg in Tokyo, Japan, manufactures and sells specialty chemicals across five core segments including functional colorants such as OLED emitting, transport, and capping layer materials, dyes for color filters, copier toners, aluminum coloring, stationery, hair color treatment, and natural dyes for food and industrial use, as well as perovskite solar cell and semiconductor resist materials; specialty polymers encompassing urethane materials like PTG, BIO-PTG, and PTG-SOFTENA, phosgene derivatives serving as intermediates for pharmaceuticals, functional polymers, and electronic materials, adhesives, release agents, and urethane-based waterproof materials for construction and civil engineering with associated waterproofing services; basic chemicals featuring hydrogen peroxide, sodium percarbonate for bleaching and detergents, peracetic acid as disinfectants and food additives, and industrial chemicals; agro-science products comprising herbicides, pesticides, fungicides, growth control agents for croplands, golf courses, and green areas, plus agricultural materials like oxygen supply agents; and logistics services offering warehousing for hazardous substances, chemicals, and general goods, consigned freight forwarding, and ISO tank container storage. The company operates plants in Yokohama, Koriyama, and Nanyo in Japan, a research center in Tsukuba, and maintains subsidiaries and facilities including SFC Co., Ltd., Hodogaya Chemical Korea Co., Ltd., and REXCEL Co., Ltd. in South Korea, Hodogaya Chemical (U.S.A.), Inc. in New York, Hodogaya (Shanghai) Trading Co., Ltd. in China, and Hodogaya Chemical Europe GmbH in Germany, serving global markets in electronics, life sciences, construction, agriculture, and logistics. Recent developments include consolidating REXCEL Co., Ltd. into the group in April 2023 to bolster electronic materials production with advanced purification technology, launching the second plant at REXCEL's Chungju campus in April 2024 and constructing a new plant at the Eumseong campus for September 2024 operations, establishing SFC's BioPark in November 2023 for biopharmaceutical expansion into oligonucleotides and PCR diagnostic kits, creating the Organic & Optical Device Materials Division and Advanced Device Materials Department in April 2023 to pursue semiconductor resist and perovskite solar cell materials, completing initial expansion of oxygen supply materials production in the agro-science segment, and forming the Korea Business Strategy Office in July 2023 under direct presidential control to accelerate investments in South Korean operations, which now represent growing importance amid the Mid-term Management Plan SPEED 25/30 targeting enhanced ROE and sustainable growth by FY2030.