English
Company Profile
Name of Company | PALACE CHEMICAL CO.,LTD. |
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Head Office | 1-11-16 Fukuura Kanazawa-ku Yokohama-shi, Japan Zip Code 236-0004 <MAP> TEL 045-784-7240(Rep.) FAX 045-788-1528(Rep.) |
Establishment | June, 1965 |
Representative | President Hiroo Yamamura |
Capital | 193 million yen |
Contents of Business |
○ Manufacture and sales of metal processing oil. ○ Manufacture, sales, import and export of special lubricants. ○ Manufacture and sales of special grease. ○ Sales of fuel oil. ○ Manufacture and sales of automotive goods. ○ Processing, sales, intermediary services, and export & import of chemical and petro-chemical products. ○ Manufacture, sales, and export & import of agricultural chemical products. ○ Manufacture, processing, and sales of products utilizing biotechnology research and high technology. |
Correspondent Bank | MUFG Bank Bank of Yokohama Shoko Chukin Bank |
Company History
1965 | Palace Chemical Co.,Ltd. was established |
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1966 | Became cooperative plant of Maruzen Oil Co.,Ltd.(Current Cosmo Oil Co.,Ltd.), and started product development. |
1967 | Head Office and plants moved from Kamata, Ohta-ku, Tokyo to kamiyabe Industrial Park in Tozuka-ku, Yokohama City. |
1968 | Started a study of the water-soluble metalwork oil |
1969 | Rolling Oil for steel tubes was developed, and its manufacturing started. |
1975 | Succeeded in the commercialization of products related to the gardening fertilizers. Conducted expansion of No.3 Research Laboratory. |
1982 | Industry Heightening Work designated by Yokohama City was introduced, and the Head Office, Plants and Research Laboratories moved from Totsuka-ku,Yokohama City to the present site. Kita-kyushu Business Office was newly established. |
1985 | Agency Agreement was Concluded with Maruzen Oil Co.,Ltd.(Current Cosmo Oil Co.,Ltd.) |
1988 | Kitakyushu Business Office was promoted to Kitakyushu Sales Branch Office. |
1992 | Nagoya Business Office was established. |
1997 | June, Capital was tripled to 120 million yen. August, Stock sharing plan for the employees started. October, Allocation of new share to a third party was made, and the capital was increased to 193 million yen. |
1998 | Singapore Business Office was newly established. Nagoya Business Office was promoted to Nagoya Sales Branch Office. |
1999 | Singapore Business Office moved to kuala Lumpur (Malaysia) |
2000 | Semiconductor Material Processing Oil(Water-Soluble) section completed attestation of ISO9001. |
2003 | PALACE CHEMICAL (MALAYSIA) SDN. BHD. was incorporated from Malaysia Business Office. ISO9001 application expansion(Semiconductor Materials Processing Oil & Hot Working Rolling Oil) Agri-Bio Technology Department was established. |
2006 | ISO14001attestation for the head office plant completion. |
2011 | Recognized as a “Yokohama Chizai Mirai Enterprise” by Yokohama City, which strategically engaged in intellectual property activities and is oriented toward future growth while enhancing its management capability. |
2013 | Inaugurated a subsidiary at Bangkok in Thailand. |
2014 | ISO 9001 application expansion (ALL our products). Closed Kita-kyushu Business Office. |