|Name of Company||PALACE CHEMICAL CO.,LTD.|
|Head Office||1-11-16 Fukuura Kanazawa-ku Yokohama-shi, Japan Zip Code 236-0004
TEL 045-784-7240(Rep.) FAX 045-788-1528(Rep.)
|Representative||President Toshio Kunoki|
|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
|1965||Palace Chemical Co.,Ltd. was established|
|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.