The Japanese subsidiary of German specialty chemicals manufacturer Lanxess recently announced its 2024 business results and outlook for 2025. For fiscal 2024 results, profitability improved significantly due to higher factory utilization rates and cost reduction measures. Global net sales were down 5.0% year-on-year at 6.37 billion euro ($7.26 billion) due to lower selling prices on lower raw material and energy...
Sumitomo Riko held a groundbreaking ceremony for a new office building at its Matsusaka Plant in Matsusaka City, Mie Prefecture. The new office building marks an investment of 1.1 billion yen ($7.64 million), covering an area of 931 square meters with a total floor space of 2,341 square meters. Construction is scheduled to be completed in February 2026, and operations...
Molten Corporation, a manufacturer of rubber parts for athletic balls and automobiles, has developed a high-damping laminated rubber bearing for use in seismic isolation construction, and has obtained ministerial approval from the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) for designated building materials under Article 37 of the Building Standards Law. Molten’s MHR1500 high-damping laminated rubber bearing, which was...
Zeon and U.S.-based Visolis have completed a feasibility study for the commercialization of bio-isoprene monomers and sustainable aviation fuel (SAF), as outlined in their March 2024 Memorandum of Understanding (MOU). The companies have decided to move to the next stage, preparing for the construction of production facilities. The production facilities will use intermediate products from Visolis’ fermentation process as raw...
Kuraray has obtained ISCC PLUS certification, an international certification system for sustainable products, for six vinyl acetate-related products at four group companies and four production facilities in the U.S. and Europe by October 2024. The company has established a certified supply chain between Europe and the United States, starting with vinyl acetate (VAM) produced at the La Porte Plant in...
Sumitomo Rubber in April began full-scale operation of the Yamanashi Model P2G System, a hydrogen production system derived from renewable energy, at its Shirakawa Plant in Fukushima Prefecture, a major tire manufacturing base. With this, the company has established a two-fold system that enables the production of hydrogen within the plant in addition to the conventional use of hydrogen. This...
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