ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Exclusive: Hitachi seeks sale of core chemical unit

Japanese group sheds parts to refocus on infrastructure, automation

Hitachi has decided that chemical manufacturing does not mesh with its future growth strategy.   © Reuters

TOKYO -- Hitachi intends to auction its once-prized chemical subsidiary in a drastic move to pare its sprawling business portfolio and to focus resources on infrastructure and factory automation operations, Nikkei has learned.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more