Lanxess’ Japanese subsidiary, Lanxess K.K., recently announced that it has extended its charitable grant to the Ozawa International Chamber Music Academy Okushiga (OICMA) for one year, from January 2016 to December 2016. Established by famed conductor Seiji Ozawa in June 2011, OICMA was set up with the goal of providing talented young musicians from across Asia an opportunity to learn...
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Showa Denko K.K. (TYO:4004) enjoyed strong chloroprene rubber (CR) business during the January-June half of 2016 despite a rise in the yen’s value against other currencies. Although the business verged on stagnation in Japan, South Korea and China, performance was solid in the U.S., Europe and Southeast Asia. In the U.S. in particular, products for automotive, construction and adhesive applications sold...
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Sumitomo Rubber Industries Ltd. (TYO:5110) is playing an active role in the movement of forest development and maintenance as part of its corporate social responsibility activities. On July 2, the company carried out tree-pruning activities at Tamba Romance Forest, located within Tamba Namikimichi Central Park, Sasayama City, Hyogo Prefecture. Primarily focusing on a block of trees planted back in 2013,...
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According to data collated by the Synthetic Rubber Industry Association of Japan, synthetic rubber production for April 2016 totaled 125,700 tons, a year-on-year decline of 4.6 percent. It reflects the slump that has occurred with domestic manufacturing of automotive rubber parts and general industrial rubber products. Outside of NBR, which had a 10.3 percent increase in production volume, with 9,398...
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Nikka Shoko (Japan) Co. Ltd. will establish a new recycling and engineering affiliate in early fall to recycle rubber products into civil engineering materials. The products to be recycled include rubber, silicone oil, carpet tiles, turf-protection mats and chipped rubber originally made by Nikka Shoko, a trading firm that has been supplying manufacturers in the Tokyo area with rubber sheet...
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Tokyo Zairyo Corp., a raw material trading company and a subsidiary of Zeon Corp. (TYO:4205), has announced its annual net revenue for the fiscal year ending March 2016 was 87.924 billion yen ($865 million), down 2 percent year-on-year. Ordinary income was 1.854 billion yen, up 2 percent and net profit was 1.357 billion yen, down 13 percent. Ordinary income rose...
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