Crasus Chemical, Inc.
TTSE:646A199.50
JPY
+5.10
(+2.62%)
Crasus Chemical, Inc.
TSE:646A
(Tokyo Stock Exchange)
Recent
price
199.50
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Crasus Chemical, Inc. manufactures and distributes petrochemical products, basic organic chemicals, and synthetic resins. The Company operates through three primary business segments: Olefins, Organic Chemicals, and Synthetic Resins. Its product portfolio includes basic petrochemical building blocks, such as ethylene, propylene, cracked gasoline, and mixed C4 and C5 hydrocarbon fractions; organic chemical intermediates, including vinyl acetate monomer (VAM), ethyl acetate, allyl alcohol, and acetic acid derivatives; and synthetic resin polymers, comprising polypropylene and specialized polyolefin compounds. The Company's products serve as intermediate and raw materials for downstream industrial applications, including automotive components, home appliances, paints and coatings, adhesives, synthetic fibers, food packaging, and construction materials. Crasus Chemical operates manufacturing and cracking infrastructure centered at the Oita Petrochemical Complex in Oita Prefecture, Japan, supplying commercial customers across Japan and the wider Asia-Pacific region. Founded in August 2024 through the corporate carve-out of the petrochemical division of Resonac Holdings Corporation (formerly Showa Denko K.K.), the Company maintains corporate headquarters in Tokyo and Oita, Japan. In September 2026, Crasus Chemical completed a strategic spin-off from Resonac Holdings Corporation and listed its shares on the Tokyo Stock Exchange Standard Market under the ticker code 646A, establishing itself as an independent, publicly traded pure-play petrochemical producer.