Source disclosure: March 04, 2026, 15:30 JST
Published by Pulse News Wire: March 04, 2026, 15:42 JST
UBE Corporation [4208.T]
TOKYO, Mar 04 (Pulse News Wire) – UBE Corporation (4208.T) announced changes to its planned investment in a dimethyl carbonate (DMC) and ethylmethyl carbonate (EMC) plant in Louisiana, USA. The equipment investment amount was increased from approximately $500 million to $700 million, with the startup scheduled to shift from November 2026 to the first quarter of fiscal 2027.
The increase in investment is attributed to rising material costs, higher construction expenses in the local area, and additional tariffs imposed by the United States. Delays in delivery times for some machinery caused the schedule adjustment. In conjunction with the expanded investment, UBE plans to inject an additional $200 million into its subsidiary, UBE C1 Chemicals America, Inc., in fiscal 2026, raising the subsidiary's capital from $200 million to $400 million. Despite the changes, UBE expects minimal impact on its consolidated performance for the fiscal year ending March 2026.
The company remains optimistic about the long-term demand outlook for DMC and EMC, driven by stable growth in lithium-ion battery needs for backup power systems and data centers. UBE sees itself as the sole domestic supplier of these materials in the US, contributing to economic security and industrial infrastructure development. UBE reported consolidated sales forecasts for the fiscal year ending March 2026, projecting ¥490 billion in revenue, ¥25 billion in operating profit, ¥37.5 billion in ordinary profit, and ¥27.5 billion in net profit. The previous fiscal year ended with ¥486.8 billion in revenue, ¥18.045 billion in operating profit, ¥22.372 billion in ordinary profit, and a loss of ¥4.816 billion.
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