IDEMITSU KOSAN CO LTD

Idemitsu Kosan extends six refinery plants to 2030, citing lagging EV uptake, volatile oil prices and cap‑ex limits—while eyeing bio‑fuel and hydrogen opportunities and staying ready for Japan’s 2050 carbon targets.

Idemitsu Kosan, Mitsui Chemicals and Sumitomo Chemical unite to consolidate polypropylene and LLDPE production, cutting costs, boosting supply‑chain resilience and advancing low‑carbon polymer tech amid tightening market and regulatory pressures.

Idemitsu Kosan’s stock price has declined by 2.3% to 994.2 JPY, a drop from its 52-week high of 1190.5 JPY.

Idemitsu Kosan Co Ltd remains a significant player in the energy sector, driven by its focus on innovation and adaptability, despite recent share price fluctuations.

Idemitsu Kosan Co Ltd reported a significant decline in first quarter earnings, but remains optimistic about its future prospects and the growth of the broader lubricants market.

Idemitsu Kosan Co Ltd’s stock price has declined from its 52-week high, but remains above its low, with a substantial market capitalization reflecting its position in the energy sector.

Idemitsu Kosan is investing in a lithium sulphide plant at its Chiba refinery to support Toyota’s plans to launch EVs with all-solid-state batteries by 2027-2028.