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Fujikura Composites to Expand Curved Surface Printing Blanket Business Overseas

on March 17, 2023 in Materials

Fujikura Composites said that its printing materials (blankets) business posted year-on-year sales and profit growth in the first half (April-December) of the fiscal year ending March 31, 2023. The Japanese domestic market was sluggish, but the weak yen helped drive strong exports, which drove performance. Another positive factor was the penetration of price increases implemented in the previous fiscal year....

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Tosoh Raises Price of Calcium Chloride Solution

on March 9, 2023 in Materials

Tosoh will raise the price of calcium chloride solution by more than 12 yen ($0.09) per kilogram (solid equivalent) beginning with shipments on March 21. Regarding the price increase, Tosoh said, “We have been implementing all kinds of cost reduction measures to improve the profitability of our business and have been striving to ensure a stable supply of our products....

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Carbon Black Demand Forecast for 2023

on March 1, 2023 in Market Background, Materials

The Carbon Black Association of Japan recently compiled a forecast for carbon black demand in 2023, which is expected to be 727,250 tons, up 3.4% from the previous year. This is based on economy showing signs of improvement, such as a recovery in consumer behavior, a resurgence in capital investment, and an increase in exports, as the coronavirus pandemic has...

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Toyoda Gosei Sees Improvement in American & Asian Financial Results for Q1–Q3

on February 20, 2023 in Materials

Toyoda Gosei has revealed its cumulative business results for the first three quarters of fiscal 2022, showing a year-in-year drop in Japanese performance but an improvement in multiple overseas markets. The company’s revenue for the period came to 701.81 billion yen ($5.25 billion), up 16.9 percent year-on-year; meanwhile, its operating profit was up 24.7 percent to 23.69 billion yen, and...

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Daikin Reports 9M Sales up 30%, Fluororubber Strong

on February 10, 2023 in Materials

Fluororubber manufacturer Daikin Industries reported sales of 2,985.67 billion yen ($22.83 billion) for the nine months of the fiscal year ending March 31, 2023, up 29.7% year-on-year. Operating profit was 303.76 billion yen, up 17.1%, ordinary profit was 299.26 billion yen, up 12.3%, and net profit was 208.95 billion yen, up 16.9%. By segment, the Chemicals business posted sales of...

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Kuraray to Raise Prices of Genestar Heat-Resistant Polyamide Resin

on January 25, 2023 in Materials

Kuraray said on Jan. 16 that it will on Feb. 1 raise the price of its Genestar heat-resistant polyamide resin for shipments in Japan and overseas. The range of the price increase is as follows: Filler-reinforced grades: 60 yen per kilogram for Japanese domestic shipments, $0.50 per kilogram for overseas shipments Glass fiber-reinforced halogen flame-resistant grades: 150 yen per kilogram...

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