| February 2002 |
Shin-Etsu announced the transfer of the rights of its fertilizer business to CO-OP Chemical Co., Ltd. |
| May |
UNITIKA Ltd. and Shin-Etsu Chemical establish JAPAN VAM & Poval CO., LTD. to further consolidate their VAM and POVAL businesses.
In the silicone business, Shin-Etsu Chemical together with Asahi Denka Co., Ltd. develop a Silicone-mold Modeling System (SMS) that molds precise details of 3-dimensional models for such products as chocolate. |
| June |
Shin-Etsu Chemical transfers its chemical fertilizer business to CO-OP Chemical Co., Ltd.
Shin-Etsu Chemical announces the establishment of a joint-venture company, Zhejiang Shin-Etsu High-Tech Chemical Co., Ltd. in China, that will manufacture and sell silicone products. |
| August |
Shin-Etsu Handotai Co., Ltd. expands 8-inch silicon wafer production capacity at its subsidiary S.E.H. Malaysia Sdn. Bhd. |
| September |
Nissin Chemical Industry Co., Ltd. develops the NISSIN HOT MELT BR Series, an environmentally friendly hot-melt adhesive used in such applications as bookbinding and commences full commercial sales. |
| December |
Eight Shin-Etsu Group companies take part in SEMICON Japan 2002, the world's largest scale international exposition of semiconductor equipment and materials.
Shin-Etsu Chemical receives the Toyo Keizai Award as "Company of the Year 2002," an award from Japan's oldest leading economic journal.
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