Toho Titanium <5727> continues to rise. It has announced the transfer of its subsidiary Toho Tech's titanium powder business to the company, effective January 1, 2025. The titanium powder serves as a raw material for WEBTi (Titanium Porous Thin Plate), with the aim of stabilizing raw material procurement, establishing a consistent production system, and expediting decision-making in the WEBTi business operation. The company's WEBTi can be utilized as a porous transport layer in PEM electrolyzers that produce green hydrogen, and a mass production facility is currently under construction.
東邦チタニウム---続伸、WEBTiの生産体制強化を好材料視
Tōhō Titanium --- continues to rise, viewed positively due to the strengthening of WEBTi's production system.
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