Asahi Kasei’s synthetic rubber business fell short of its plan in terms of volume for the fiscal year ending March 31, 2023. Demand for both solution-polymerized styrene-butadiene rubber (SSBR), mainly for tire applications, and butadiene rubber (BR), mainly for non-tire and resin modification applications, declined in the second half. “All regions performed worse than expected. The rise in raw material…
