Zeon Corp.’s (TYO:4205) synthetic rubber business is doing well at present. As for specialty rubber not used in tires specifically, rising operation rates of oil wells thanks to renewed shale gas production have been a boon for hydrogenated nitrile butadiene rubber (HNBR) and nitrile rubber (NBR). Zeon is opening the Asia Technical Support Laboratory (ATSL) in Singapore this month to...
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Chemical manufacturer Tosoh Corp. (TYO:4042) has announced that domestic automotive-related demand for its chloroprene rubber (CR) business grew solidly in the second half of fiscal 2016 while CR exports for the first half struggled. However, demand for adhesives and industrial products recovered in the second half on the back of increased demand for industrial products for mining and construction equipment....
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Sumitomo Chemical Co. Ltd.’s (TYO:4005) ethylene propylene diene monomer (EPDM) business has transitioned to the point where all EPDM products being produced are selling. The company’s EPDM sales to Japanese auto parts manufacturers in China are robust. Furthermore, a new EPDM plant in Saudi Arabia with an annual production capacity of 75,000 tons will begin operations within the current fiscal...
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Mitsui Chemicals Inc.’s (TYO:4183) business in ethylene propylene diene terpolymer (EPT) operated at full production capacity and completely sold out its inventory for fiscal 2016 on the back of strong demand. The company said that considering market growth rates and the location of its plants, it has focused on Asia rather than Europe and the Americas. Asian markets in which...
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Ube Industries Ltd.’s (TYO:4208) polybutadiene rubber (BR) business is robust. The company’s manufacturing plants in Japan and Thailand both produce BR at full capacity and all of this BR continues to sell. Ube Industries’ Malaysian plant has obtained certification from tire manufacturers and will start the full-scale supply of BR products in the current fiscal year. Demand for BR products...
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The category-based shipping volume of synthetic rubber for January to March increased to 434,413 tons, up 4.4 percent from the same period a year earlier, according to the Japan Rubber Manufacturers Association (JRMA). Following the July–September and October–December quarters, this marks a year-on-year growth in volume for the third straight term in a row. Domestic shipping volume grew by 2.3...
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