Materials

JSR Posts Major Sales Increase for First Quarter on Back of Strong Elastomer Demand

Synthetic rubber manufacturer JSR Corp. (TYO:4185) has posted sales of 122.26 billion yen ($1.1 billion) for the first quarter of fiscal 2018, up 20.9 percent from the same quarter last year. Meanwhile, the company’s operating profit was down 9.6 percent year-on-year to 11.48 billion yen, with its net profit falling 5.4 percent to 8.94 billion yen. Sales at JSR’s elastomers...

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Zeon Subsidiary Tokyo Zairyo Sees Profit Rise for Ninth Straight Year

Tokyo Zairyo Co. Ltd., a Zeon Corp. (TYO:4205) subsidiary focused on the trading of raw materials, has shown strong financial results for the fiscal year ending March 2018. Fiscal 2017 saw the company generate 93.28 billion yen ($844.28 million) in sales, up 7 percent year-on-year; 1.99 billion yen in ordinary profit, up 2.6 percent; and 1.54 billion yen in net...

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Asahi Kasei Plans S-SBR Capacity Increase in Response to Steady Demand

Asahi Kasei Corp. (TYO:3407) is planning an increase to production capacity for its solution-polymerized styrene–butadiene rubber (S-SBR) business, which has continued to achieve a high level of sales. The company’s facilities here are currently operating at full capacity. Moving forward, Asahi Kasei projects that sales under the business will continue growing steadily for fiscal 2018. As S-SBR is now used...

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Sumitomo Chemical Looks to Expand Booming EPDM Business With High-Performance Grades

Sumitomo Chemical Co. Ltd.’s (TYO:4005) business for ethylene propylene diene monomer (EPDM) performed well in fiscal 2017, operating at full capacity and selling all products that were produced. But with supply and demand remaining at a tight balance, the company has been unable to keep up with increasing demand, and expects this trend in demand to continue for fiscal 2018....

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Sumitomo Chemical Develops New EPDM Grade for Rubber-to-Metal Adhesion

Sumitomo Chemical Co. Ltd. (TYO:4005) has developed a new grade of ethylene propylene diene monomer (EPDM) for rubber-to-metal adhesion, coming as part of a broader company effort to develop various new grades of EPDM. The development of this new grade was achieved via a random arrangement of ethylene and propylene. Sumitomo Chemical is now sending samples of the grade to...

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Tough Environmental Regulations Impact Elastomix Operations in China

Carbon masterbatch (CMB) manufacturer Elastomix Co. Ltd., a subsidiary of JSR Corp. (TYO:4185), is in the process of increasing its production capacity in China. As part of this, the company will look to take prompt measures to ensure the ensure the scheduling of its operations, with Chinese environmental regulations forcing production shutdowns on days with heavy pollution, among other requirements....

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