ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Business

Japanese chemical maker gets its head out of the clouds

A big bet on Malaysia factories brought Tokuyama to its knees

Tokuyama's Malaysian plants

TOKYO -- Japanese chemical maker Tokuyama has decided to rid itself of its "negative legacy" -- two polycrystalline silicon plants it built in Malaysia not even a decade ago at a cost of more than 200 billion yen ($1.8 billion).

The investment accounted for as much as two-thirds of the company's annual sales.

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