JSR Corp. (TYO:4185) is working to transfer control of its life sciences business to U.S.-based JSR Life Sciences LLC., a new company established on Jan. 1 under wholly owned subsidiary JSR North America Holdings Inc. Practical operations here are slated to begin on April 1. So far, JSR has grown its life sciences business on a global level, conducting M&A...
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JSR Corp. (TYO:4185) announced on March 14 that it intends to restructure its top management, having made a decision on this at a board of directors meeting earlier that day. Managing Officer Eric Johnson, 57, has been selected to fill the newly created role of CEO. Meanwhile, Nobuo Kawahashi, 62 – currently an executive managing officer at JSR – was...
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Mitsui Chemicals Inc. (TYO:4183) recently announced that it has opened the Design & Solution Center, a new base intended to bring together the Mitsui Chemicals Group’s wide range of development capabilities. These capabilities span from design to analysis, molding, prototyping and evaluation. Located in Sanjo, Niigata Prefecture, the new base has a floor area of 2,700 square meters. An opening...
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Mitsui Chemicals Inc. (TYO:4183) is targeting various applications for Absortomer, a material with unique characteristics that open up potential for use in a wide range of sectors. Developed 10 years ago and named just three years ago, this relatively new product takes its name from a portmanteau of the words “absorb” and “elastomer.” Absortomer is an alpha-olefin copolymer that has...
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Toyoda Gosei Co. Ltd. (TYO:7282) recently exhibited e-Rubber, a next-generation rubber product that moves with electricity and mechanical force. Displaying the product at the 2nd Sports Business Expo held at Makuhari Messe over Feb. 27 – March 3, Toyoda Gosei worked to draw attention to its new offering. Toyoda Gosei is currently using e-Rubber to develop lightweight soft actuators as...
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Lanxess AG announced on Dec. 31 that that it has sold off its stake in synthetic rubber joint venture Arlanxeo AG to 50–50 JV partner Saudi Arabian Oil Co., commonly known as Saudi Aramco. But despite the divestment, the German-based company has declared that its Japanese arm, Lanxess KK, will continue to carry out marketing and sales activities for synthetic...
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