NOF to build new manufacturing equipment at Nippon Koki site in Fukushima, completing 2027

NOF Corporation is building a second tranche of new manufacturing equipment for its chemicals and explosives (kayaku) segment at the Nippon Koki site in Nishishirakawa, Fukushima. The facility plan discloses ¥44.58 billion, with ¥3.45 billion already paid; work runs from July 2025 to December 2027.