On August 19, LANXESS Japan held a press briefing at Otemachi Mitsui Hall in Chiyoda, Tokyo, coinciding with the visit of a board member from the company’s headquarters in Germany. Since its spin-off from the Bayer Group in 2004, LANXESS has grown through strategic acquisitions, including the 2008 purchase of Brazil’s Petroflex Chemicals Group, becoming one of the world’s leading...
Materials
Sumitomo Riko Launches Operations at New Chemical Products Plant
Sumitomo Riko held an inauguration ceremony for its new chemical products plant at the Komaki Plant in Komaki City, Aichi Prefecture. The new facility, named the SG Building (Sumitomo Riko Green Transformation Building), began phased operations in August and is scheduled to be fully operational by December. The plant was constructed as part of a broader renewal project at the...
Denka Sees Operating Profit Decline in First Quarter: Financial Results
Denka announced its financial results for the first quarter of the fiscal year ending March 31, 2026 (April–June 2025). Consolidated net sales came in at 94.07 billion yen ($640.58 million), down 1.2% year-on-year. Operating profit declined 51.2% to 2.30 billion yen, and ordinary profit fell 53.7% to 1.67 billion yen. Net profit, however, surged 122.2% to 5.00 billion yen, largely...
Tosoh to Raise Chloroprene Rubber Prices from September
Tosoh announced that it will raise the price of its chloroprene rubber product Skyprene (sulfur-modified grade) effective with shipments on or after September 19. The increase will be at least 120 yen ($0.81) per kilogram for domestic customers and at least $800 per metric ton for exports. Tosoh said that while it has implemented cost-reduction measures, labor savings, and logistics...
Bridgestone to Transfer Mexican Carbon Black Business to Cabot
Bridgestone has signed an agreement to transfer its group company, Mexico Carbon Manufacturing (MXCB) — a manufacturer and seller of carbon black — to Cabot Corporation. The move is part of Bridgestone’s ongoing initiatives to accelerate the establishment of a foundation for “growth with quality.” In its premium tire business, the company is pursuing enhanced productivity and creativity across the...
Zeon Reports Higher Profit in Elastomer Materials Business: First Quarter Results
Zeon announced its financial results for the first quarter (April–June 2025) of the fiscal year ending March 31, 2026. The company recorded sales of 103.08 billion yen ($701.14 million), a 2.8% decrease compared to the same period last year. Despite the decline in revenue, operating profit rose significantly by 34.2% to 12.13 billion yen. Ordinary profit stood at 11.97 billion...