NOF to build new manufacturing equipment at Nippon Koki site in Fukushima, completing 2029

NOF Corporation is building new manufacturing equipment for its chemicals and explosives (kayaku) segment at the Nippon Koki site in Nishishirakawa, Fukushima. The facility plan discloses ¥54.55 billion of planned investment, with ¥8.84 billion already paid; work runs from January 2025 to February 2029.