Profile/Company History

About Us

Profile/Company

Company name	Crasus Chemical Inc.
Date of establishment	August 1, 2024
Address	Head office 2, Nakanosu, Oita, OITA 870-0189, Japan +81-97-521-5112 Tokyo head office Tokyo Shiodome Bldg., 1-9-1, Higashi-Shimbashi, Minato-ku, Tokyo 105-7325, Japan +81-3-6263-8083 Location details
Capital	110 million yen
Representative	Hirotsugu Fukuda, Representative Director
Scope of business	Manufacturing and sales of basic petrochemical products such as ethylene and propylene Manufacturing and sales of organic chemical products using acetic acid as the main raw material Manufacturing and sales of synthetic resin products, etc.
End of fiscal year	December 31
Major shareholders and their shareholding ratios	Resonac Holdings Corporation (100%)
Number of employees	848 people (As of January 1, 2025)
Net sales	316.3 billion yen (Fiscal year ending in December 2023)
Management Team	Hirotsugu Fukuda　Representative Director and President Yuichi Hashida　Board Director Nobuyoshi Yamada　Board Director Kazuhiro Ichimura　Full-time Audit & Supervisory Board Member Hitoshi Matsumoto　Outside Member of Audit & Supervisory Board

1939	Showa Denko K.K. was established.
1957	Showa Denko K.K. entered the petrochemical business.
1969	Oita Petrochemical Complex was completed and commenced commercial operations.
1987	Received the 36th Chemical Technology Award from the Chemical Society of Japan for "Development and Industrialization of a New Process for Epichlorohydrin Production".
1995	With the transfer of the synthetic resin division, Japan Polyolefin Co. (Currently, Japan Polyethylene Corporation) was established and commenced operations.
2008	Received the 56th Chemical Technology Award from the Chemical Society of Japan for “Development of a new method for producing ethyl acetate and acetic acid using solid heteropoly acid as a catalyst”.
2010	The naphtha cracking furnace was completely renewed.
2016	SunAllomer Ltd. was made a consolidated subsidiary.
2019	The naming rights for the facilities within the Oita Stadium were acquired.
2020	Oita Petrochemical Complex received the first prize of the Japan Chemical Industry Association's (JCIA) Safety Excellence Award.
2023	Showa Denko K.K. and Showa Denko Materials Co., Ltd. (formerly Hitachi Chemical Company, Ltd.) merged to form Resonac Holdings Corporation and Resonac Corporation.
2025	The petrochemical business of Resonac Corporation was spun off and established as Crasus Chemical Inc.