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Mitsui Chemicals Doubles Production of Takelac PUD for Food Wrappers

on September 4, 2023 in Materials

Mitsui Chemicals will increase the production capacity of Takelac PUD polyurethane dispersion to meet the growing demand for mono-material food wrapping materials due to the increasing need for environmental friendliness. Specifically, Mitsui Chemicals MC, a wholly owned subsidiary of Mitsui Chemicals, will add PUD production facilities to its Shimizu Plant. This is expected to approximately double Japanese domestic production capacity....

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Zeon to Start Full-Scale Development of Adhesive Slurry for Separator Coating

on August 25, 2023 in Materials

Zeon will begin full-scale development of a new grade of AFL adhesive slurry for separator coating in its battery materials business as part of its efforts to expand its lineup of environmentally friendly products. The company has been globally marketing anode binder, cathode binder, heat-resistant binder for separator coating, and AFL adhesive slurry for separator coating for lithium-ion batteries, and...

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Denka Posts Declining Sales and Profits in First Quarter

on August 18, 2023 in Materials

In the first quarter of the fiscal year ending March 31, 2024 (April-June 2023), chemical and rubber manufacturer Denka’s sales fell 6.9% year-on-year to 87.82 billion yen ($603.63 million), operating income fell 43.0% to 2.79 billion yen, ordinary income fell 53.7% to 2.38 billion yen, and net income fell 47.1% to 2.29 billion yen. By segment, the Elastomers & Infrastructure...

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Seal Maker Valqua Posts Sales Increase of 8.6% in First Quarter

on August 11, 2023 in Materials

Seal manufacturer Valqua’s first quarter (April-June 2023) results showed sales of 15.48 billion yen ($106.95 million), up 8.6% year-on-year; operating income of 2.0 billion yen, down 2.2%; ordinary income of 2.11 billion yen, down 4.1%; and net income of 1.38 billion yen, down 7.2%. By segment, the sealing products business posted sales of 9.81 billion yen, up 2.4%, and operating...

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Toyoda Gosei Achieves Double-digit Growth in Sales and Profit in First Quarter

on August 10, 2023 in Materials

Toyoda Gosei posted a 23.8% increase in revenue to 259.32 billion yen ($1.8 billion) in the first quarter (April-June 2023) of the fiscal year ending March 31, 2024. The company further increased operating income by 421.4% to 16.38 billion yen, and net income by 344.0% to 11.61 billion yen. By segment, sales revenue in Japan increased 23.7% to 107 billion...

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Mitsui Chemicals Breaks Ground for New Elastomer Plant in Singapore

on August 8, 2023 in Materials

Mitsui Chemicals has broken ground for a new Tafmer high-performance elastomer plant at Mitsui Elastomers Singapore, its wholly owned subsidiary in Singapore. The new plant will be located on Jurong Island, Singapore, with an annual production capacity of 120,000 tons (existing facility capacity: 225,000 tons per year), and is scheduled for completion during fiscal 2024. In its long-term management plan...

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