Sep 16, 2026, 18:15 UTC
Sumitomo Bakelite North America Holding, Inc. announced it will close its Durez Corporation manufacturing facility in Kenton, Ohio over an approximately two-year transition period, with limited operations continuing through September 2028.
Source:Sep 9, 2026, 05:11 UTC
Sumitomo Bakelite held a business briefing on the previous day, presenting growth prospects for sealing materials driven by AI data centers and physical AI, and for high-performance plastics with aircraft-related materials sales potentially reaching 25-30 billion yen by 2030.
Source:Aug 14, 2026, 20:00 UTC
Sumitomo Bakelite's stock price is trading near its all-time high, driven by strong sales of semiconductor encapsulation materials and expectations of price increases.
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