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Japanese titanium manufacturers seek to cut costs

14 March 2013
Japanese titanium manufacturers seek to cut costs

Japanese Corporation «Toho Titanium» — the largest

member of the global market of titanium metal and products on its basis — is looking for

ways of cheaper production processes. To this end, the management

the company is considering the possibility of building production capacity

metal outside the «land of the Rising Sun». «We searched options. Consider

in this capacity, Malaysia and other countries where the energy

required for melting titanium is cheaper than in Japan» comments

the Corporation plans to its Executive Director Kiyonobu Sugiuchi.

Vostochnoevropeiskogo after the Great earthquake

at 9 points, which occurred March 11, 2011, about 20% of all units

Japan, which supplied electricity to local consumers, was automatically

stopped. The number of nuclear power plants fires broke out, some

the objects refused cooling system, there were a few instances of damage

reactor, causing radioactive emissions. As a result, the country and

nearby States, a wave of «anti-nuclear» protests, under pressure

which the government of Japan has decided to stop all running reactor

and this was done in may 2012. However, then Japan lasted

nuclear power for long: in the summer of the same year work was resumed

some blocks, however, the catastrophic energy shortages (particularly

observed among manufacturers of energy-intensive products) remained. Metallurgical

the industry of the country, for which the growth in electricity tariffs is practically

shut the door (due to low competitiveness of more expensive goods)

international markets, was forced to seek alternative means of survival,

among them — not previously dobravshis the transfer of production capacity to

more favorable in terms of energy — regions.

«Toho Titanium Co., Ltd.» — the most powerful player

the international market of non-ferrous metals, specializing in the production

titanium (sponge, ingots, components), titanium powder, ultra-pure Nickel

powder, titanium dioxide, titanium tetrachloride, some derivatives of magnesium

and other metallurgical and chemical products. As of spring 2012

year employs 1046 people, and the capitalization of the organization

is 11.9 billion yen (JPY).

13 March 2013
15 March 2013