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Mitsui Chemicals to Strengthen Sales Efforts for Highly Heat-Resistant EPDM Rubber

on May 23, 2018 in Materials

Mitsui Chemicals Inc. (TYO:4183) has recently announced that it will step up its market development efforts for a highly heat-resistant metallocene-based grade of ethylene propylene diene monomer (EPDM) rubber in a move to boost sales. The chemical giant’s heat-resistant grade of EPDM rubber is able to withstand temperatures 30 degrees higher than conventional alternatives. Last fiscal year, the company started...

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JSR Aims to Surpass Market Growth Forecast for S-SBR Used in Fuel-Efficient Tires

on May 21, 2018 in Materials

JSR Corp. (TYO:4185), a leading manufacturer of synthetic rubbers, is promoting its sales of solution-polymerized styrene–butadiene rubber (S-SBR) products that utilize the company’s solutions and highly functional materials. These efforts are focused on applications in fuel-efficient tires. While the S-SBR market has been projected to grow 6 to 7 percent per year by sales volume between 2015 and 2019, JSR...

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Denka Plans 10,000-Ton Production Increase for Chloroprene Rubber

on May 16, 2018 in Materials

Toshio Imai, a managing executive officer at chloroprene rubber (CR) market leader Denka Co. Ltd. (TYO:4061), recently revealed plans by the company to deal with globally tight supply for CR. Imai clarified that Denka intends to increase its production of the material by 10,000 tons, and that plans here include resuming operations at a stopped line within its domestic Omi...

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Shin-Etsu Polymer Reports Growth to Sales, Profits for Fiscal 2017

on May 10, 2018 in Market Background, Materials

Shin-Etsu Polymer Co. Ltd. (TYO:7970), a processing manufacturer of polyvinyl chloride (PVC) and silicone rubber products, has reported 79.34 billion yen ($722.47 million) in sales for fiscal 2017, up 7.3 percent from a year prior. In other metrics, the year saw Shin-Etsu Polymer generate 7.21 billion yen in operating profit, up 30.7 percent; 7.27 billion yen in ordinary profit, up...

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Zeon Sets New Records With Business Results for Fiscal 2017

on May 9, 2018 in Materials

Synthetic rubber giant Zeon Corp. (TYO:4205) recently released its business results for fiscal 2017, with highlights including the company topping its previous record figures for sales, operating profit and ordinary profit. Sales for the year ended at 332.68 billion yen ($3.04 billion), up 15.7 percent year-on-year. Meanwhile, operating profit totaled 38.88 billion yen, up 26.4 percent; ordinary profit came in...

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Daicel-Evonik PEEK Material Set for Use in High-Performance Plastic Needles

on May 1, 2018 in Industry, Materials

Daicel-Evonik Ltd.’s Vestakeep Care brand of polyether ether ketone (PEEK) resin has been selected for use in a high-performance plastic syringe needle currently under development by Yamada Seiko Co. Ltd. Made using precision die casting and molding technologies, the needle is extremely thin, featuring an outer diameter of 0.57 millimeters and an inner diameter of 0.31 millimeters. The product is...

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