Tokyo Zairyo’s business results for the fiscal year ended March 31, 2024, showed sales of 51.85 billion yen ($322.24 million), down 4.1% from the previous year; ordinary income of 2.49 billion yen, down 3.2%; and net income of 1.80 billion yen, down 5.4%. In an environment of global recession concerns, geopolitical risks, and a shift to electrification in the automotive...
Togawa Industry will raise the prices of all of its products, including plastic hoses, beginning with deliveries on July 21. Prices for general-purpose catalog products will be increased by 20% or more for PVC tubing and pressure-resistant and non-PVC pressure-resistant products, and by 10% or more for drain hoses and other products. The company said, “Since the price revisions were...
Shin-Etsu Chemical announced that it will raise the prices of all silicone products handled by its Silicone Division in Japan and overseas by more than 10% beginning with shipments on July 1. Regarding the price increase, Shin-Etsu Chemical said, “the silicone product environment is characterized by rising costs for raw materials and energy used in manufacturing, as well as rising...
In April 2023, Zeon has set the Zeon Health Action Index as a company-wide KPI to promote physical health. The company established three health behavior indicators: having an exercise habit (exercise for 30 minutes or more twice a week for at least one year), having a BMI within the standard range (18.5 to 24.9), and not smoking cigarettes. Of the...
Zeon Corporation will build a new plant for cyclo-olefin polymer (COP), a high-performance resin that is one of its main products. The investment, including land and utilities, will be approximately 70 billion yen ($443 million). The company has long been considering measures to strengthen its resilience by decentralizing its COP production bases. The new plant will be constructed in Shunan...
Kraton Polymers Japan will raise the price of Kraton G SEBS and SEPS by 35 yen ($0.22) per kilogram for deliveries on July 1. The company said, “Due to the rising costs of raw materials, energy, logistics, and delivery of our products, as well as the impact of foreign exchange rates on profitability, we have determined that it is essential...
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