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JSR Launches New SBR Material With Major Improvements to Strength, Wear Resistance, Durability

on September 4, 2019 in Innovation, Materials

JSR Corp. (TYO:4185) has developed and launched a new styrene–butadiene rubber (SBR) material that offers significant improvements to strength, wear resistance and durability. The company is marketing this SBR for use in tires, and is producing the material using the solution polymerization method at its Yokkaichi Plant in Mie Prefecture. In applications for fuel-efficient tires, this new SBR is able...

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BASF Opens New Creation Center in Yokohama

on August 19, 2019 in Materials

BASF SE recently announced that it has opened a Creation Center in Japan, establishing this as part of its existing Yokohama Innovation Center (YIC). The new center will serve to take customer concepts and ideas and turn these into more concrete solutions. Set to focus on the likes of resin- and urethane-based materials, the new Creation Center will provide resources...

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Zeon Sees Sluggish Q1 Sales for Automotive, Industrial Products

on August 13, 2019 in Market Background, Materials

Zeon Corp. (TYO:4205) recently revealed its business results for the first quarter of fiscal 2019, showing downward trends to financial indicators. The company’s overall sales came to 82.42 billion yen ($781.76 million) for the quarter, down 1.5 percent year-on-year. Meanwhile, its operating income was down 1.6 percent to 8.33 billion yen, with ordinary income down 10.3 percent to 8.64 billion...

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JSR Posts 7.8% Decrease in Elastomer Division Sales Revenue for Q1

on August 9, 2019 in Market Background, Materials

JSR Corp. (TYO:4185) recently posted results showing a year-on-year decrease to sales and profits for the first quarter of fiscal 2019. Overall, the company achieved sales revenue of 119.5 billion yen ($1.13 billion) for the quarter, down 2.3 percent from the same quarter last year; operating profit of 10.04 billion yen, down 12.6 percent; and net profit of 7.29 billion...

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Tosoh Plans 4,000-Ton Increase to CR Production Amid Tight Global Market

on August 7, 2019 in Materials

Tosoh Corp. (TYO:4042) is looking to bolster its production capacity for Skyprene, the company’s brand of chloroprene rubber (CR). Targeting a 4,000-ton increase to its annual CR production capacity, Tosoh will remove facility bottlenecks at its Nanyo Complex in Shunan, Yamaguchi Prefecture. These efforts will require an investment of around 5 billion yen ($47.05 million) and bring the company’s total...

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Mitsui Chemicals Endorses White Logistics Movement, Plans Related Initiatives

on July 8, 2019 in Materials

Mitsui Chemicals Inc. (TYO:4183) recently announced its support of the White Logistics Movement, an initiative put forward by Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT), Ministry of Economy, Trade and Industry (METI) and Ministry of Agriculture, Forestry and Fisheries (MAFF). To go along with its support here, Mitsui Chemicals has drafted up a list of relevant independent activities...

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