Zeon lifts investment for new cyclo olefin polymer plant

Zeon Corporation will revise the total investment for its new cyclo olefin polymer production plant, increasing it from approximately JPY 70.0 billion to approximately JPY 78.0 billion. This adjustment, approved by the board of directors on August 29, 2025, reflects an expected rise in labor, material, and equipment costs. The company will fund the investment through internal resources and borrowings from financial institutions.

The plant, scheduled for completion in the first half of fiscal 2028, will produce cyclo olefin polymers known for their excellent optical properties, low water absorption, and minimal impurities. These polymers are increasingly vital for optical films, lenses, medical, and semiconductor applications, with demand projected to grow.

Zeon Corporation has positioned this business as a key growth driver in its medium-term plan, aiming to enhance corporate value by meeting strong market demand. The investment is expected to have a negligible impact on consolidated earnings for the fiscal year ending March 31, 2026.