Zeon Reports FY 2015 Results, Synthetic Rubber Sales Volume Up 2%

Zeon Corp. (TYO:4205) has announced its consolidated net sales declined by 4 percent year-on-year to 295.6 billion yen ($2.8 billion), and its net income decreased by 5 percent to 18 billion yen for the fiscal year ending March 2016. Price drops in export thermoplastic elastomers and rubbers, led by general-purpose rubbers, negatively affected the earnings for the period. Meanwhile, consolidated…

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