Materials

Kraton to Raise Japanese Prices on SEBS and SEPS Polymers

The Japanese arm of Kraton Corp. announced on June 21 that it will be raising prices on its Kraton G SEBS and SEPS offerings, both types of hydrogenated styrenic block copolymer. Set to come into effect on July 15, the price hike will see prices here rise by 45 yen ($0.33) per kilogram. Commenting on the move, Kraton noted a...

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Zeon to Raise Synthetic Rubber, Latex Prices

Zeon Corp. (TYO:4205) plans to raise its prices for synthetic rubber and synthetic latex beginning with July 1 deliveries. The price of ESBR synthetic rubber is to be increased by 20 yen ($0.15) per kilogram; BR, by 35 yen; NBR and PB, each by 50 yen; and ECO, by 90 yen. The CM price will be revised in accordance with...

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Bando Chemical Sees Sales Revenue Rise 15.2% for FY2021

Bando Chemical Industries Ltd. has released its business results for fiscal 2021, revealing growth in both revenue and income. The company’s sales revenue reached 93.74 billion yen, up 15.2 percent year-on-year; and its core operating income came to 5.88 billion yen, up 19.1 percent. Taking a deeper look at the results, Bando Chemical’s auto parts business saw its sales revenue...

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Lanxess Exhibits Rhenoshape Vulcanization Bladders

Lanxess AG exhibited at the Tire Technology Expo that was held in Hanover, Germany, over May 18–20. The company took the opportunity to show off a range of products, including its highly versatile and sustainable vulcanization bladders for tire production. Specifically on display here were permanently coated vulcanization bladders under Lanxess’s Rhenotype brand. These bladders not only provide a long...

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Dow Chemical Adds Sustainable Brand to Polyolefin Elastomer Lineup

Dow Chemical Co. has added the sustainable brand Engage Ren to its Engage series of polyolefin elastomers. Engage Ren is manufactured using plant-derived raw materials – such as waste cooking oil – and renewable energy. Since it uses only waste residues and by-products from alternative production processes, it consumes no extra resources and does not compete with the food chain....

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Asahi Kasei Achieves Increases in Income and Profit for FY2022

Asahi Kasei Corp. (TYO:3407) has reported its business performance for the fiscal year ended March 2022. The company posted net sales of 2.46 trillion yen ($19.21 billion), up 16.9 percent year-on-year; operating income of 202.647 billion yen, up 17.9 percent; ordinary income of 212.052 billion yen, up 19.1 percent; and net profit of 161.88 billion yen, up 102.9 percent. Performance...

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