Company
 

History

( December 22, 2023 )

Year JSP MFP Subsidiaries
1962
  • Est.　Japan Styrene Paper.
  • Oosaka Sales Office opened.
  • Operation of Hiratsuka Plant started.
  • Est.　Yuka Badische Co., LTD.
  
1963
  • Commercial production of EPS at Yokkaichi Plant started.
  
1968  
  • Commercial production of polymer dispersion at Yokkaichi Plant started.
  
1970
  • Nagoya Sales Office opened.
    
1971
  • Operation of Kanuma No. 1 Plant started.
  • Fukuoka sales office opened.
    
1972
  • Sales Offices in Sapporo, Sendai and Hiroshima opened.
    
1973
  • Est. Shingu Styrene Paper Co., LTD.
  • Commercial production of XPS at Yokkaichi Plant started.
  
1974    
  • Est. Japan Repro Machine Industry Co., LTD.
1975    
  • Est. Japan Xanpak Co., LTD., currently JSP Packaging Co., LTD.
1976    
  • Est. Kanuma Plast Co., LTD., currently KP Co., LTD.
1977
  • Est. Kyushu Styrene Paper Co., LTD.
  • Commercial production of XPS at Kashima Plant started.
  
1978    
  • Capital participation in Sealed Air Packaging S.A., currently Sealed Air Packaging S.A.S., in France.
  • Capital participation in Seihoku Package Co., LTD.
1979
  • Est. Hokkaido Styrene Paper Co., LTD.
  
1980
  • Operation of Kanuma No. 2 Plant started.
    
1985  
  • Sales of polymer dispersion started in Japan.
  • Changed the company name to Mitsubishi Yuka Bardische Co., LTD.
  • Est. ARCO / JSP in US.
  • Est. JSP America, Inc.
1986
  • Merged Hokkaido Styrene Paper Co., LTD., Shingu Styrene Paper Co., LTD. and Kyushu Styrene Paper Co., LTD.
 
  • Est. J & V Foam Products, Inc. in US.
1987  
  • Commercial production and sales of EPP beads started at Yokkaichi Plant.
1988
  • Received the Science and Technology Director-General's Award for P-BLOCK.
    
1989
  • Changed the company name to JSP Corporation.
    
1990
  • Listed on the Second Section of the Tokyo Stock Exchange.
  • Opened Kanuma Research Center.
    
1991
  • Operation of Yokkaichi Plant started.
  
  • Est. KOSPA Corporation in Korea.
  • Company name of Kanuma Plast Co., LTD. was changed to KP Co., LTD.
1992    
  • Est. Taiwan JSP Chemical Co., LTD.
1993    
  • ARCO/JSP became a wholly owned subsidiary
1994
  • Acquired Kanuma No.3 Plant.
  • Changed the company name to Mitsubishi Chemical BASF Co., LTD.
  • Est. Shingu Molding Co., LTD. in Japan.
  • Company name of ARCO/JSP was changed to JSP International.
  • Est. JSP International S.A.R.L., in France.
1995  
  • Commercial production of EPS started at Kashima Plant of Shell Japan Co., LTD.
  • Est. JSP Foam Products PTE. LTD. in Singapore.
1996    
  • J & V Foam Products, Inc. was integrated into JSP America, Inc.
  • Est. Japan Acryace Co., LTD.
1999
  • Operation of Kanuma No. 4 Plant started.
  • Acquired EPS business from Shell Japan Co., LTD.
  • Spun off Polymer Dispersion Division to BASF Dispersion Co., LTD.
  • Changed the company name to Mitsubishi Chemical Foam Plastic Co., LTD., MFP.
  • Shingu Molding Co., LTD. was integrated into KP Co., LTD.
2000    
  • Est. JSP Foam Products Hong Kong LTD.
2001
  • Introduced Inner company system.
  • Est. CFK Co., LTD. with Chuo Kagaku Co., LTD. and MFP’s XPS business was transferred to CFK.
  • Est. JSP International GmbH & Co. KG in Germany.
  • Est. Mirax Co., LTD. in Japan
2002    
  • Est. JSP Plastics (Wuxi) Co., LTD., currently JSP　Advanced Materials （Wuxi）Co., LTD., in China.
  • Est. JSP Molding Co., LTD. in Japan
2003  
  • Est. Yuka Sansho Kenzai Co., LTD., currently Sansho Foamtech Co., LTD.
  • Transferred all shares of CFK to Chuo Kagaku.
  • Company name of JSP America Inc. was changed to JSP International Group LTD.
  • Est. Korea Special Products Co., LTD. in Korea.
JSP
  • JSP Corporation and Mitsubishi Chemical Foam Plastic Co., LTD. merged to form a new JSP
2004
  • Operation of Kanuma No. 5 Plant started.
  • Est. International s.r.o. in Czech Republic.
  • Honshu Yuka Co., LTD. became a wholly owned subsidiary.
  • Est. JSP International Trading (Shanghai) Co., LTD., currently JSP Plastics (Shanghai) Co., LTD., in China.
2005
  • Listed on the First Section of the Tokyo Stock Exchange
  • Opened Guangzhou office of JSP International Trading (Shanghai) Co., LTD.
2006
  • Closed Hiratsuka Plant and integrated into Kanuma No. 1 Plant.
  • Est. Kunshan JSP Seihoku Packaging Material Co., LTD. in China.
  • Est. JSP Plastics (Dongguan) Co., LTD., currently JSP Advanced Materials (Dongguan) Co., LTD., in China.
  • Nippon Acryace Co., LTD. was shifted from a consolidated subsidiary to an equity-method affiliate.
2007
  • Operation of Kanuma Logistics Center started.
2008
  • Operation of Recycling Center at Kanuma started.
  • Acquired EPS business from Hitachi Kasei Kogyo Co., LTD.
  • Transferred all shares of Sealed Air Packaging S.A.S.
  • Acquired all shares of Nikka Kasei Co., LTD. and made it a wholly owned subsidiary and changed the company name to NK Kasei Co., LTD.
2009  
  • Liquidated Japan Repro Machine Industry Co., LTD.
2010
  • Abolished the inner company system and introduced the business division system
  • Est. JSP Brasil Indústria De Plásticos LTDA.
  • Est. JSP Foam India Pvt. LTD.
  • Est. JSP International o.o.o. in Rusia.
2011  
  • JSP Participacoes LTDA. Merged with its subsidiary JSP Brasil Indústria De Plásticos LTDA. With JSP Brasil Indústria De Plásticos LTDA. As the surviving company.
2014
  • Operation of Kitakyushu Plant started.
2015
  • Capital and business alliance with Mitsubishi Gas Chemical Company to be a consolidated subsidiary.
2016
  • Operation of Kanuma Mirafoam Plant started.
  • Est. JSP Foam Products (Thailand) Co., LTD.
2017
  • Est. JSP Plastics (Wuhan) Co., LTD., currently JSP Advanced Materials (Wuhan) Co., LTD. in China.
2019
  • Operation of new factory at Kansai Plant started.
  • Liquidated JSP Foam Products Hong Kong LTD.
  • Innovation Centre opened in Germany.
  • KOSPA Corporation and Korea Special Products Co., LTD. merged.
2023
  • Dissolved capital and business alliance agreement with Mitsubishi Gas Chemical Company (became an equity method affiliate)
  • Closed JSP International o.o.o in Rusia.
  • Company name of Kunshan JSP Seihoku Packaging Material Co., LTD. was changed to JSP SEIHOKU MATERIAL TECHNOLOGY (KUNSHAN) CO.,LTD.
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