Taiyo Nippon Sanso Corporation

TAIYO NIPPON SANSO CORPORATION
Consolidated Subsidiary
Traded as TYO: 4091
Industry Chemicals, Health care, Energy, Engineering
Founded 1918 (1918)
Headquarters Tokyo, Japan
Area served
Worldwide
Key people
Shotaro Yoshimura (Chairman)
Products Industrial Gases, semiconductor manufacturing materials, gas handling systems & equipment, LP Gases,Household Goods
Services Plant Engineering, Cryogenics
Revenue Increase US$ 5.8 billion (31st March 2016) [1]
Increase US$ 390 million (31st March 2016) [2]
Profit Increase US$ 230 million (31st March 2016) [3]
Total assets Increase US$ 7 billion (31st March 2016) [4]
Total equity Decrease US$ 2.8 billion (31st March 2016) [5]
Number of employees
13,142 (31st March 2016) [6]
Parent Mitsubishi Chemical Holdings [7]
Subsidiaries Thermos Japan, Matheson (compressed gas & equipment), Leeden
Website www.tn-sanso.co.jp/en/

Taiyo Nippon Sanso Corporation, commonly known as TNSC, is a Japanese multinational industrial gas manufacturer founded in the year 1918 as Nippon Sanso Corporation. The company is Japan's largest industrial gas producer and among top five industrial gas suppliers in the whole world.[8] The company currently operates in more than 15 countries worldwide via its own name and subsidiaries. The company holds the brand Thermos under its umbrella and a leading supplier of related household goods.

TNSC is headquartered in Toyo Bldg., 1-3-26 Koyama, Shinagawa-ku, Tokyo in Japan with more than 50 subsidiaries and affiliates in other countries. In 2014, TNSC became a consolidated subsidiary of Mitsubishi Chemical Holdings which is a part of core Mitsubishi group.

History

TNSC headquarters in Tokyo, Japan

1910 - established as the Japan oxygen joint-stock company.

1911 - the start of the oxygen production in Osaki factory.

1918 - Renamed to Nippon Sanso Corporation and the company founded on July 19.

1934 - air separation unit for making, Kamata factory ( Tokyo, Ota-ku, newly established).

1935 - First air separation unit completed for domestic usage

1954 - established the Kawasaki plant, liquefied oxygen (Japan's first) and high-purity nitrogen, argon started manufacturing.

1955 - Tokyo factory (formerly Kamata factory) was separated, and Nippon Rika Kogyo Co., Ltd., changed its name to Nippon Sanso Corporation its trade name.

1971 - the first time in the world of LNG cold energy utilization air separation unit, completed in Tokyo liquefied oxygen (Ltd.).

1989 - Thermos Japan acquisition and acquisition of Matheson (compressed gas & equipment)

1999 - Matheson and Tri-Gas Company merged to become Matheson Tri-gas

2001 - A spin-off household products business, Thermos Ltd. was established.

2003 - Acquired plant engineering division of Hitachi's Air separation units.

2004 - by the merger of Nippon Sanso Corporation and Taiyo Toyo Sanso Co., Ltd., changed its name to the Taiyo Nippon Sanso Corporation

2006 - Acquired all shares of Hitachi oxygen, Ltd. as a wholly owned subsidiary.

2007 - is with Japan carbonate Co., liquefied carbon dioxide Co., Ltd., as well as a holding company to integrate the carbon dioxide business of Japan liquid charcoal Holdings Co., Ltd. and Taiyo Nippon Sanso, Japan liquid charcoal launched the Corporation.

2009- Acquired Valley National Gases LLC via its subsidiary Matheson Tri-Gas.[9]

2010 - Acquired majority shares of K-Air Specialty Gases to begin operation in India and agreed to build first ASU in India.[10]

2012 - Acquired Leeden ltd for its operations in Malaysia and Singapore.

2013 - Nichikita oxygen in Hokkaido Group companies renamed to Hokkaido Sanso.

2014 - Acquired by Mitsubishi Chemical Holdings Group(MCHG) to become as a consolidated subsidiary.[11]

2014 - Acquired Continental Carbonic Products, Inc in US and becomes largest independent supplier of Dry Ice in US.[12]

2015 - Acquired Thailand based Air Products Industry co ltd and Australian Industrial gas company Renegade Gas Pty Ltd.[13][14]

2016 - Acquired Chinese company Jilin OLED Material Tech Co., Ltd and US company Sulfa Trap LLC [15][16]

2016 - Agrees to acquire 18 Air separation plants and 8 other plants of Air Liquide, US. The deal also includes acquisition of 3 retail stores of Airgas, a subsidiary of Air Liquide [17]

2016 - Agrees to acquire Supagas of Australia for approx 225 Million USD. After this purchase, TNSC improves its global market share to 7%. [18]


Industries Served

TNSC's primary products are:

Electronics Materials and Equipment, including high purity gas, gas mixtures, purification devices and other hardware and services – provides stable supplies of nitrogen and various material gases to the electronics industry. They also supply equipment such as small-scale nitrogen generators, MOCVD equipment and exhaust gas abatement systems. [19]

Industrial Gas- TNSC provides stable supplies of industrial gases such as oxygen, nitrogen and argon to a wide range of industries, including the steel, chemical, electronics, automobile, construction, shipbuilding, and food industries. In addition to developing and manufacturing gas-applied devices and equipment, they also play a vital role at the forefront of science and environmental preservation and are actively engaged in the national hydrogen project.[20]

Plant and Engineering- This division manufactures air separation plants, space simulation chambers and equipment related to liquid helium.[21]

LP Gas- This division supplies LP gas for use in a wide variety of applications including taxis and other commercial vehicles, air conditioners, and aerosol propellants.[22]

Housewares and related goods- This division makes Thermos branded products and deals with Stainless steel vacuum bottles and related supplies.[23]

References

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