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Tokai Carbon issues quake update

On March 29, Tokai Carbon, which operates three carbon black plants in Japan, issued an update on the impact of the massive Tohoku Region Pacific Coast Earthquake that occurred on March 11, 2011 on its employees and operations.

The company reported that the Sendai Factory of Tokai Konetsu Kogyo Co., Ltd., which is a subsidiary company producing industrial furnaces, refractories, and heating elements, conducted a series of detailed inspections and confirmed that there was no substantial damage to its buildings and facilities. The factory resumed nearly normal production operations on March 28th, and it is expected that a regular supply of raw materials, etc., can be ensured.

Tokai Carbon’s carbon black plant in Ishinomaki City, Miyagi Prefecture, which is situated about 100 km from earthquake’s epicenter, was extensively damaged by the earthquake and tsunami. Operations at this plant are suspended, and a more detailed grasp of the extent of the damage situation is required.

The company concludes, “The impact from the earthquake and tsunami on our company’s business performance is currently unclear, but information will be disclosed promptly once details emerge.”

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