Covestro Japan Ltd. has announced that Sumika Covestro Urethane Co. Ltd.’s Niihama plant received a special award for excellence in safety from the Japan Chemical Industry Association (JCIA) in May. The award recognizes the plant’s twentieth year of zero shutdowns and zero operation halting disasters, an achievement the plant marked in June 2016. The facility continues to hold a global...
Asahi Rubber Inc. (TYO:5162) has released its business results for the fiscal year ending March 2017. Orders were strong for the company’s main products such as Asa Color LED, RFID and rubber used for tags, medical equipment and table tennis rackets. Profitability also increased due to cost cutting and higher factory productivity, with record highs on a consolidated basis reported...
JSR Corp. (TYO:4185) has identified solution styrene butadiene rubber (S-SBR) as a lucrative growth area in JSR20i9, the company’s medium-term business plan for fiscal 2017 to 2019. JSR hopes to achieve the plan’s goals through plant construction, greater product sales and full-capacity operations at new lines. One focus of the plan is the release of new S-SBR products with better...
Zeon Corp. (TYO:4205) has launched a prototype outsourcing service focused on molding microfluidic chip products using the company’s transparent thermoplastic cyclo-olefin polymers, Zeonex and Zeonor. Microfluidic chip products are used in drug design as well as in the medical examination and diagnosis fields, markets which are rapidly growing in advanced countries due to aging populations and an increased emphasis on...
Ube Industries Ltd.’s (TYO:4208) butadiene rubber (BR) joint venture factory in Malaysia, Lotte Ube Synthetic Rubber Sdn. Bhd. (LUSR), expects to start fully operating in the second half of the current fiscal year. Synthetic rubber is one of the business areas designated for aggressive expansion in Change & Challenge 2018, Ube Industries’ three-year medium-term business plan launched in fiscal 2016....
Chemicals manufacturer Osaka Soda Co. Ltd. (TYO:4046) has released its business results for the fiscal year ending in March 2017. The company saw sales of 93.59 billion yen ($840.94 million), a year-on-year decrease of 8.4 percent; operating profit of 6.59 billion yen, an increase of 2.2 percent; ordinary income of 6.54 billion yen, an increase of 1.5 percent; and net...
