Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Tokyo  >  Shin-Etsu Chemical Co Ltd    4063   JP3371200001

SHIN-ETSU CHEMICAL CO LTD (4063)
Mes dernières consult.
Most popular
  Report  
SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Japan, Kazakhstan to develop rare earth metals: media

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/29/2012 | 07:32am CEST

TOKYO (Reuters) - Japan and Kazakhstan plan to sign an agreement to jointly develop rare earth metals critical to electronics and auto makers, aiming to lower dependence on China, the Asahi Shimbun daily said on Sunday.

Japan's Trade Minister Yukio Edano will meet Kazakh government officials, including President Nursultan Nazarbayev, to sign the agreement in early May, making way for Sumitomo Corp (>> Sumitomo Corp), Japan Oil, Gas and Metals National Corp and Kazatoprom to partner in rare earth extraction, the paper said.

Higher prices of rare earths from China are squeezing Japanese manufacturers of batteries and electronics, forcing them to cut usage and seek alternatives.

Japan and Kazakhstan will build a plant in Stepnogorsk, northern Kazakhstan and use technology developed by Shin-Etsu Chemical Co (>> Shin-Etsu Chemical) to isolate dysprosium, used in motors for electric and hybrid cars, from soil processed for uranium, the paper said.

The plant will go onstream as early as this summer and ship 30 tonnes of the material to Japan this year, with shipments to rise to more than 50 tonnes next year, the paper said. Japan's annual demand for the element is roughly 500 tonnes.

Japan's Trade Ministry, Sumitomo and JOGMEC officials were unavailable to comment.

The European Union, the United States and Japan have asked the World Trade Organization to settle a dispute with China over Beijing's restriction on rare earth metal exports.

(Reporting by Mayumi Negishi, Editing by Jonathan Thatcher)

Stocks treated in this article : Shin-Etsu Chemical, Sumitomo Corp
Stocks mentioned in the article
ChangeLast1st jan.
SHIN-ETSU CHEMICAL CO LTD 0.00% 10670 End-of-day quote.-10.41%
SUMITOMO CORP 1.25% 1938 End-of-day quote.0.13%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SHIN-ETSU CHEMICAL CO LTD
04/19SHIN ETSU CHEMICAL : Patent Issued for Sustained Release Pheromone Formulation (..
AQ
04/19SHIN ETSU CHEMICAL : "Copolymer of Triisopropylsilyl (Meth)acrylate with (Meth)a..
AQ
04/12SHIN ETSU CHEMICAL : Patent Issued for Negative Electrode Active Material, Raw M..
AQ
04/05SHIN ETSU CHEMICAL : Patent Issued for Negative Electrode Active Material, Metho..
AQ
03/29SHIN ETSU CHEMICAL : Patent Issued for Alpha-Halotetramethycyclohexanone, a Meth..
AQ
03/28SHIN-ETSU CHEMICAL CO LTD : Ex-dividend day for for final dividend
FA
03/22GLOBAL HEXAMETHYLDISILANE MARKET 201 : 99strategy.biz added a depth and professi..
AQ
03/15SHIN ETSU CHEMICAL : "Pellicle Frame and Pellicle" in Patent Application Approva..
AQ
03/15SHIN ETSU CHEMICAL : Researchers Submit Patent Application, "Silicone Resin Subs..
AQ
03/08SHIN ETSU CHEMICAL : Patent Application Titled "Low-Substituted Hydroxypropyl Ce..
AQ
More news
News from SeekingAlpha
03/16Almost Everything Going Right For Shin-Etsu Chemical 
01/31Sumco's Rocket Ride May Not Be Over Yet 
2017Portfolio Update Heading Into Q2 
2017Shin-Etsu Chemical Leading Its Peers For Good Reasons 
2015Molycorp skyrockets after announcing Siemens deal 
Financials ( JPY)
Sales 2018 1 428 B
EBIT 2018 -
Net income 2018 238 B
Finance 2018 929 B
Yield 2018 1,35%
P/E ratio 2018 19,20
P/E ratio 2019 16,66
EV / Sales 2018 2,58x
EV / Sales 2019 2,30x
Capitalization 4 611 B
Chart SHIN-ETSU CHEMICAL CO LTD
Duration : Period :
Shin-Etsu Chemical Co Ltd Technical Analysis Chart | 4063 | JP3371200001 | 4-Traders
Technical analysis trends SHIN-ETSU CHEMICAL CO LTD
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 14 407  JPY
Spread / Average Target 35%
EPS Revisions
Managers
NameTitle
Yasuhiko Saitoh President & Representative Director
Chihiro Kanagawa Chairman
Fumio Akiya Vice Chairman & Head-Technology
Toshinobu Ishihara Senior MD, Manager-Research & Development
Shunzo Mori Director
Sector and Competitors
1st jan.Capitalization (M$)
SHIN-ETSU CHEMICAL CO LTD-10.41%42 828
SAUDI BASIC INDUSTRIES CORPORATION SJSC--.--%98 243
AIR LIQUIDE-0.33%55 127
PRAXAIR-2.59%43 266
LYONDELLBASELL INDUSTRIES-2.39%42 390
NAN YA PLASTICS CORP--.--%22 568