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Ube Industries changing name, shifting focus to chemicals
Ube Industries Ltd.
Ube Industries Ltd. will change its trade name to Ube Corp. following a realignment that puts a focus on chemicals.
Ube Industries Ltd. will change its trade name to Ube Corp. following a realignment that has been taking place over the last couple of years involving its chemicals, machinery and construction materials.
The new name reflects Ube s shift from a conglomerate structure and the start of a new chapter with a focus on chemicals for the company that has been operating almost 125 years, according to an April 30 news release.
Ube Industries changing its name to Ube Corp.
The decision is intended to reflect the Japanese company s shift away from a conglomerate structure and towards a focus on chemicals. May 11, 2021 Canadian Plastics
Japanese chemical company Ube Industries Ltd. has announced that it will change its trade name to Ube Corp.
In a “Notice of Change of Trade Name” document, Ube officials said that the decision is intended to reflect the company’s “shift away from its past conglomerate structure and the beginning of a new corporate history” that will focus on chemicals.
“The Ube Group, consisting of Ube Corp. and its group companies, aims to help solve global environmental issues, enrich people’s lives and health, and contribute to a prosperous future world by continuing to develop its chemicals business on a global scale,” the document said.
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