- Business
- UBE Corporation (TSE: 4208) manufactures and sells a diverse range of chemicals, engineering plastics, cement, construction materials, and industrial machinery. The company produces core chemicals and materials including synthetic rubber such as butadiene rubber, engineering plastics like nylon resin and UBESTA XPA, caprolactam, polyethylene, polyimide films and varnishes, battery materials comprising lithium-ion battery electrolytes and separators, separation membranes including gas separation and membrane dryers, fine chemicals, ceramics such as silicon nitride, liquefied gases, high-purity chemicals and semiconductor gases, products for polyurethane resins including polycarbonate diols, continuous inorganic fiber like Tyranno Fiber, and pharmaceuticals encompassing drug discovery and contract manufacturing; it also offers cement, industrial chemicals like ammonium sulfate and nitric acid, and machinery such as die-casting and injection molding machines, conveyors, and grinders.
Founded in 1897 and headquartered at Seavans North Building in Minato-ku, Tokyo, Japan, with its registered head office in Ube, Yamaguchi, UBE Corporation operates through segments including chemicals, energy and cement, and machinery, serving industries such as automotive, electronics, healthcare, construction, and semiconductors. The company maintains global operations across Japan, Asia including China, Thailand, India, and Vietnam, North America, Europe including Spain and Germany, Latin America, Africa, and the Middle East, supported by subsidiaries and joint ventures like UBE-MARUZEN Polyethylene Co., Ltd., UBE Elastomer Co., Ltd., and UBE Chemicals (Asia) Public Company Limited.
In recent developments, UBE Corporation completed the acquisition of LANXESS' Urethane Systems business in April 2025 for approximately EUR 460 million, adding five production sites in the US, Europe, and China along with about 400 employees to bolster its specialty chemicals portfolio, particularly in polycarbonate diols and polyurethane dispersions for semiconductors and high-end applications. In 2022, the company changed its name from Ube Industries Ltd. to UBE Corporation and merged its cement business with Mitsubishi Materials Corporation to form Mitsubishi UBE Cement Corporation. UBE continues to pursue structural reforms and investments in specialty chemicals expansions, including polyimides, separation membranes, ceramics, and C1 chemicals, alongside issuing bonds for refinancing and growth initiatives.