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Mitsui Chemicals Mobility Segment Sees Double-Digit Sales Increase for Fiscal 2018

Mitsui Chemicals Inc. (TYO:4183) recently released its business results for fiscal 2018. The company’s overall sales for the period totaled 1.48 trillion yen ($13.47 billion), up 11.6 percent year-on-year. Operating profit was 93.43 billion yen, down 9.7 percent year-on-year; ordinary profit was 102.97 billion yen, down 6.6 percent; and net profit was 76.12 billion yen, up 6.3 percent. Mitsui Chemicals’...

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Zeon Achieves Growth to S-SBR Sales, Expects to Hit Capacity in 2020

Zeon Corp. (TYO:4205) is seeing strong sales growth with its business for solution-polymerized styrene–butadiene rubber (S-SBR), recording year-on-year growth of 9 percent to its sales here for fiscal 2018. Going forward, the expectation is that this same level of growth will continue – and if it does, the company will likely have both its production and its sales of S-SBR...

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JSR Begins Trial Operations at New S-SBR Plant in Hungary

JSR Corp. (TYO:4185) has been working to construct a new plant in Hungary for the production of solution-polymerized styrene–butadiene rubber (S-SBR), managing this through joint venture JSR MOL Synthetic Rubber Ltd. Late April saw the JV complete construction work and move into trial operations. JSR MOL Synthetic Rubber is owned 51 percent by JSR and 49 percent by local firm...

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JSR Set to Transfer Control of Life Sciences Business to New US Subsidiary

JSR Corp. (TYO:4185) is working to transfer control of its life sciences business to U.S.-based JSR Life Sciences LLC., a new company established on Jan. 1 under wholly owned subsidiary JSR North America Holdings Inc. Practical operations here are slated to begin on April 1. So far, JSR has grown its life sciences business on a global level, conducting M&A...

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JSR to Switch up Top Management With New Positions, New President

JSR Corp. (TYO:4185) announced on March 14 that it intends to restructure its top management, having made a decision on this at a board of directors meeting earlier that day. Managing Officer Eric Johnson, 57, has been selected to fill the newly created role of CEO. Meanwhile, Nobuo Kawahashi, 62 – currently an executive managing officer at JSR – was...

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Mitsui Chemicals Establishes Design & Solution Center in Niigata Prefecture

Mitsui Chemicals Inc. (TYO:4183) recently announced that it has opened the Design & Solution Center, a new base intended to bring together the Mitsui Chemicals Group’s wide range of development capabilities. These capabilities span from design to analysis, molding, prototyping and evaluation. Located in Sanjo, Niigata Prefecture, the new base has a floor area of 2,700 square meters. An opening...

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