Source disclosure: February 05, 2026
Daicel Corporation [4202.T]
TOKYO, Feb 05 (Pulse News Wire) – Daicel Corporation (4202.T) revised its business plan for cyclic olefin copolymer (COC) resin due to changes in market conditions and decided to delay the start-up of its new plant until the fourth quarter of fiscal 2027. The company's subsidiary, TOPAS Advanced Polymers GmbH in Germany, had been constructing a new production facility to meet anticipated growth in demand for COC resins, particularly in Europe’s environmentally responsive packaging sector.
However, the implementation of the European Union Packaging and Packaging Waste Regulation (PPWR) in February 2025 led to slower-than-expected expansion in demand. Additionally, rising construction and labor costs increased investment beyond initial projections. In light of these challenges, Daicel plans to reassess future demand trends and ensure stable operations considering supply-demand balance. As a result, the launch of the new plant has been postponed from April 2026 to the fourth quarter of fiscal 2027.
Regarding the impact on the company’s business performance and forecasts for the fiscal year ending March 2026, Daicel stated that it is currently reviewing these factors. Any significant findings will be disclosed promptly. For reference, Daicel reported COC resin sales revenue of approximately ¥15.00 billion during the fiscal year ended March 2025. Projected sales volume for the fiscal year ending March 2026 and March 2027 are expected to increase by 45% and 50%, respectively, compared to the previous fiscal year.
These figures were last updated on May 13, 2025.
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