(marketscreener.com) March 28, 2024 Tokyo, Japan - March 28, 2024 Sumitomo Bakelite Co., Ltd. announces that it has decided to close Yamaroku Kasei Industry Co., Ltd., a 100% owned subsidiary of our company, which produces phenolic molding compounds, and consolidate its production products at Shizuoka Plant of our company. [...] This is an abstract of the document....https://www.marketscreener.com/quote/stock/SUMITOMO-BAKELITE-COMPANY-6491560/news/Sumitomo-Bakelite-Closure-and-Production-Transfer-of-Yamaroku-Kasei-Industry-Co-Ltd-46304943/?utm_medium=RSS&utm_content=20240327