Materials

JSR’s Elastomer Division Sees 6.5% Year-on-Year Increase in Sales

JSR Corp. (TYO:4185) recently released its financial results for fiscal 2017, with these showing that sales from the company’s elastomer division went up 6.5 percent year-on-year to 197.37 billion yen ($1.81 billion). Operating profit from the division was at 14.87 billion yen, up 69 percent, while sales volume was at 677,731 tons, down 3 percent. In response to rising butadiene...

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Lanxess KK President Hideo Tsuji Comments on 2018 Plans, 2017 Results

Hideo Tsuji, president and CEO of Lanxess KK, held a press conference on April 17 to discuss the company’s plans and activities for fiscal 2018. Speaking at the event, Tsuji said that his company – which is the Japanese arm of German-based specialty chemicals manufacturer Lanxess AG – will provide lightweighting solutions for next-generation vehicles. This will include efforts in...

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Tosoh Resumes Operations at Nanyo Complex Following Minor Electrical Accident

Tosoh Corp. (TYO:4042), a manufacturer of synthetic rubber and chemical products, provided a follow-up report on April 11 regarding an electrical accident and corresponding noise that occurred on April 6 at its Nanyo Complex in Shunan, Yamaguchi Prefecture. The report notes that, as of April 10, Tosoh is moving to sequentially resume production at facilities within the Nanyo Complex and...

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JSR Elastomer India Starts Business Operations

JSR Corp. (TYO:4185) announced on April 9 that its Indian subsidiary JSR Elastomer India Pvt. Ltd. has started operations. Located in the city of Gurugram, Haryana, JSR Elastomer India was established on Dec. 20 last year to bolster operations and marketing activities for elastomer products such as synthetic rubber with a focus on India. It is the fourth JSR subsidiary...

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Asahi Kasei Announces Price Hike for Synthetic Rubber, TPE

Asahi Kasei Corp. (TYO:3407) recently announced that it plans to increase the prices of its synthetic rubber and thermoplastic elastomer, among other products, starting from shipments on April 16. Prices per kilogram are set to rise by at least 25 yen ($0.24) for butadiene rubber, styrene–butadiene rubber, styrenic thermoplastic elastomer and hydrogenated styrenic elastomer. Meanwhile, the company’s clear styrenic block...

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Mitsubishi Chemical to Establish Regional Management Company for Performance Polymers in Singapore

Mitsubishi Chemical Corp., a developer and manufacturer of performance products and materials, has announced it will set up a regional management company in Singapore to help expand its performance polymer business in the ASEAN region and India. As of April 1, Advanced Plastics Compounds Singapore Pte. Ltd. (APS) – a Singaporean-based consolidated subsidiary of Mitsubishi Chemical – will assume a...

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