NOF Corporation Announces Management Changes, Effective June 27, 2023
May 23, 2023 at 01:00 am EDT
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NOF Corporation announced the retirement of Kazuhito Maeda as Representative Director, Senior Executive Operating Officer; Tsuneharu Miyazaki as Director, Audit & Supervisory Committee Member; Hidefumi Ishiguro as Executive Operating Officer, General Manager of Explosives & Propulsion Div.; Hiroyuki Enomoto as Executive Operating Officer, General Manager of Corporate R&D Div. and Yasuhiko Kazumi as Operating Officer, General Manager of HR & General Affairs Dept., effective from Ordinary General Meeting of Shareholders and the Board of Directors meeting to be held on June 27, 2023.
NOF CORPORATION is mainly engaged in the functional chemical products business, life science business and others. The Company operates in three segments. The Functional Chemical segment is engaged in the manufacture and sale of fatty acids, fatty acid derivatives, surfactants, ethylene oxide and propylene oxide derivatives, organic peroxides, petroleum chemicals, functional polymers, functional films, electronic materials and special rust prevention agents, as well as the rust prevention processing. The Life Science segment is engaged in the manufacture and sale of drug formulation materials for drug delivery systems (DDSs), edible oils and fats and health food products, among others. The Chemical segment is engaged in the manufacture and sale of industrial explosives, defense-related items, space-related products. The Company also operates in transportation business and real estate business.