Denka and SCG Chemicals (SCGC) have entered into an agreement to form a joint venture company to operate an acetylene black manufacturing and sales business. The joint venture, to be owned 60% by Denka and 40% by SCGC, is expected to build acetylene black facilities with about 11,000 t/y of capacity. Production is anticipated to start at the beginning of 2025. The partnership will combine Denka’s high-purity acetylene black manufacturing technologies and sales network, with SCGC’s extensive and stable raw materials supply capabilities. Denka currently produces Denka Black and Denka Black/Li acetylene black at three sites located in Japan and overseas.