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Mitsui Chemicals Endorses White Logistics Movement, Plans Related Initiatives

on July 8, 2019 in Materials

Mitsui Chemicals Inc. (TYO:4183) recently announced its support of the White Logistics Movement, an initiative put forward by Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT), Ministry of Economy, Trade and Industry (METI) and Ministry of Agriculture, Forestry and Fisheries (MAFF). To go along with its support here, Mitsui Chemicals has drafted up a list of relevant independent activities...

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Tokyo Zairyo Posts Decreased Sales and Net Profit, Record-High Ordinary Profit for 2018

on July 5, 2019 in Market Background, Materials

Tokyo Zairyo Co. Ltd., a raw materials trading firm operating as part of the Zeon Group, recently posted a mixed bag of results for fiscal 2018. The company’s sales for the year fell 0.2 percent year-on-year to end at 93.12 billion yen ($863.67 million), with ordinary profit up 3.6 percent to 2.06 billion yen and net profit down 6.8 percent...

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Zeon Fixates on Development Amid Predictions of a Tough Year

on July 2, 2019 in Materials

Zeon Corp. (TYO:4205) commented recently on its outlook for fiscal 2019, saying that the year will be one requiring patience. Following from this, the company intends to focus on development and gain a better understanding of customers’ real needs, rolling this approach out as a global policy for the fiscal year. While the ongoing U.S.–China trade war does not have...

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Keeper Develops Electromagnetic Shielding Materials That Capitalize on Rubber Properties

on June 4, 2019 in Materials

Keeper Co. Ltd., a manufacturer of rubber auto parts, has developed electromagnetic shielding materials from rubber. The company has high hopes for the commercialization of these going forward. With regard to applications for the new materials, Keeper is envisaging use in the likes of advanced driver assistance systems (ADAS) and electronic toll collection (ETC) systems. A particular merit of the...

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Global Supply Remains Tight for Chloroprene Rubber

on May 30, 2019 in Market Background, Materials

The global supply–demand balance for chloroprene rubber (CR) continues to sit tight. And with no significant reversal expected in these market conditions for the time being, CR manufacturers are rushing to deal with the situation. In Japan, this has seen Tosoh Corp. (TYO:4042) recently give details on a plan to bolster its production capacity for CR, set to be achieved...

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Ube Industries Targets 8% Boost to Butadiene Rubber Production Through Thai, Malaysian Investments

on May 28, 2019 in Materials

Ube Industries Ltd. (TYO:4208) is planning to increase its current production capacity for butadiene rubber (BR) by approximately 8 percent in 2020, company president Masato Izumihara has revealed. At present, Ube Industries has a total of 320,000 tons of annual BR production capacity across bases in Thailand, China, Malaysia and the Japanese city of Chiba. But in October 2020, the...

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