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Sekisui Chemical company logo
Corporation
INDUSTRIALS | Basic Materials / Chemicals
sekisuichemical.com

Investments

7

Portfolio Exits

1

Partners & Customers

10

About Sekisui Chemical

Sekisui Chemical (TYO: 4204) is a chemical company and high-performance plastics business serving the automobile & transportation and electronics sectors.

Headquarters Location

2-4-4 Nishitemma, Kita-ku

Osaka, 530-8565,

Japan

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Latest Sekisui Chemical News

Sekisui Chemical & Tokai Carbon to work on carbon capture and utilisation technology

Apr 24, 2023

Posted on April 24, 2023 Japanese firm Sekisui Chemical and Tokai Carbon have entered into a partnership for a practical application of the technology for manufacturing various carbon materials and products (CCU) and technology for capturing and storing carbon dioxide as solid carbon (CCS) using carbon monoxide (CO) produced by technology that efficiently convert CO2 into CO (chemical looping reaction technology). The realisation of this scheme provides a new method of CCS, reduce dependence on fossil resources and contribute to the de-carbonisation in producing various carbon products. Sekisui says it is currently developing an innovative chemical looping reaction technology that converts CO2 to CO at a high yield 90% using a proprietary catalyst and reaction process. Meanwhile, Tokai is developing products using raw materials in various forms (solid, liquid, gaseous) considering the suitable compositions and manufacturing methods for each forms. The manufacturing and evaluation technologies backed by more than 100 years endeavour are supporting its development. This partnership aims to achieve CCU technology, which converts CO2 in exhaust gas derived from the carbon manufacturing process to CO, using chemical looping reaction technology, and then further converts CO to carbon for manufacturing carbon products. CO2 will be stored as a solid carbon and not directly in this CCS technology. These methods result in a lower amount of CO2 generated from the carbon manufacturing process, as well as a higher conversion efficiency by the two-step conversion method (CO2→CO→Carbon) compare to the direct conversion method (CO2→Carbon) and broaden the potential storage location by eliminating the need to use pressure to stock chemical materials and energies. If environmental impact and economic feasibility are recognised through this partnership, the companies will proceed with a pilot project and aim to commercialise the technology by 2030. This partnership will contribute to global decarbonisation and circular economy, by reducing CO2 during manufacturing carbon and its products, with carbon through CCU and reducing CO2 emission through CCS which not limits the CO2 source to carbon manufacturing but from much wider CO2 sources.

Sekisui Chemical Investments

7 Investments

Sekisui Chemical has made 7 investments. Their latest investment was in renoveru as part of their Corporate Minority - IV on April 4, 2023.

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Sekisui Chemical Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/18/2023

Corporate Minority - IV

renoveru

Yes

2

8/24/2022

Unattributed VC

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10

7/8/2021

Series B

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$99M

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10

6/1/2018

Corporate Minority - II

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$99M

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10

5/28/2018

Corporate Minority

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10

Date

4/18/2023

8/24/2022

7/8/2021

6/1/2018

5/28/2018

Round

Corporate Minority - IV

Unattributed VC

Series B

Corporate Minority - II

Corporate Minority

Company

renoveru

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Amount

$99M

$99M

New?

Yes

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Co-Investors

Sources

2

10

10

10

10

Sekisui Chemical Portfolio Exits

1 Portfolio Exit

Sekisui Chemical has 1 portfolio exit. Their latest portfolio exit was Advanced Cell Technology and Engineering on January 17, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

1/17/2019

Acquired

$99M

1

Date

1/17/2019

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

1

Sekisui Chemical Acquisitions

4 Acquisitions

Sekisui Chemical acquired 4 companies. Their latest acquisition was AIM Aerospace on June 17, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

6/17/2019

Debt

$99M

$145M

Acquired

1

4/5/2018

Other

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$99M

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10

6/23/2015

Growth Equity

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$99M

$99M

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10

12/5/2014

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$99M

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10

Date

6/17/2019

4/5/2018

6/23/2015

12/5/2014

Investment Stage

Debt

Other

Growth Equity

Companies

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Valuation

$99M

$99M

$99M

$99M

Total Funding

$145M

$99M

Note

Acquired

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Sources

1

10

10

10

Sekisui Chemical Partners & Customers

10 Partners and customers

Sekisui Chemical has 10 strategic partners and customers. Sekisui Chemical recently partnered with Tokai Carbon on April 4, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

4/24/2023

Partner

Japan

Sekisui Chemical & Tokai Carbon to work on carbon capture and utilisation technology

This partnership aims to achieve CCU technology , which converts CO2 in exhaust gas derived from the carbon manufacturing process to CO , using chemical looping reaction technology , and then further converts CO to carbon for manufacturing carbon products .

1

3/6/2023

Partner

Germany

SEKISUI CHEMICAL CO.,LTD Capital and business partnership with Advanced Air Mobility manufacturer Volocopter GmbH

Capital and business partnership with Advanced Air Mobility manufacturer Volocopter GmbH .

1

5/20/2022

Partner

United States

SEKISUI Specialty Chemicals Now Runs on Renewable Energy

SEKISUI CHEMICAL 's partnership with TXU Energy brings the company one step closer to the Vision 2030 goal of using 100 % renewable energy .

2

7/20/2021

Partner

Luxembourg

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10

4/16/2020

Partner

Japan

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10

Date

4/24/2023

3/6/2023

5/20/2022

7/20/2021

4/16/2020

Type

Partner

Partner

Partner

Partner

Partner

Business Partner

Country

Japan

Germany

United States

Luxembourg

Japan

News Snippet

Sekisui Chemical & Tokai Carbon to work on carbon capture and utilisation technology

This partnership aims to achieve CCU technology , which converts CO2 in exhaust gas derived from the carbon manufacturing process to CO , using chemical looping reaction technology , and then further converts CO to carbon for manufacturing carbon products .

SEKISUI CHEMICAL CO.,LTD Capital and business partnership with Advanced Air Mobility manufacturer Volocopter GmbH

Capital and business partnership with Advanced Air Mobility manufacturer Volocopter GmbH .

SEKISUI Specialty Chemicals Now Runs on Renewable Energy

SEKISUI CHEMICAL 's partnership with TXU Energy brings the company one step closer to the Vision 2030 goal of using 100 % renewable energy .

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Sources

1

1

2

10

10

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