Mitsui Chemicals results for the first nine months (April-December) of the fiscal year ending March 2024 showed revenue of 1,274.53 billion yen ($8.54 billion), down 10.8% year-on-year; core operating profit of 72.38 billion yen, down 34.4%; and net income of 37.26 billion yen, down 42.6%. Among segments, Mobility posted sales revenue of 398.36 billion yen, up 1.9%, and core operating...
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Tosoh reported net sales of 747.89 billion yen ($5.01 billion), down 5.9% year-on-year, for the first nine months (April-December) of the fiscal year ending March 2024. Operating income stood at 59.55 billion yen, up 1.1%, ordinary income at 68.67 billion yen, down 5.0%, and net income at 41.37 billion yen, down 10.7%. By segment, the petrochemical business posted sales of...
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Zeon posted sales of 283.81 billion yen ($1.9 billion), down 3.5% year-on-year, in the first nine months (April-December 2023) of the fiscal year ending March 2024. It further achieved operating income of 15.99 billion yen, down 42.6%, ordinary income of 19.91 billion yen, down 35.9%, and net income of 20.91 billion yen, up 14.4%. In the elastomer materials business segment,...
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Kuraray has acquired ISCC PLUS certification, an international certification system for sustainable products, for MPD (chemical name: 3-methyl-1,5-pentanediol) produced at its Niigata Plant in Tainai City, Niigata Prefecture. The certification ensures that biomass and recycled raw materials are properly managed in the supply chain, including product manufacturing, in a mass-balance manner. Kuraray is implementing its medium-term management plan Passion 2026,...
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Ube Taiwan, a member of the Ube Group of chemical companies, has received ISCC PLUS (International Sustainable Carbon) certification, an international certification to realize and guarantee a sustainable supply chain and covers mainly biomass, recycled-derived, and other raw materials sold worldwide. With this certification, Ube Taiwan will begin selling three ISCC PLUS certified Ube Group products, including from Ube Elastomer...
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Asahi Kasei’s synthetic rubber business in the first half (April-September) of the fiscal year ending March 31, 2024, was affected by the economic slowdown, especially in China, and both SSBR and BR sales volume and net sales fell short of the plan. The positive factor for SSBR was an increase in production of tires for new vehicles due to a...
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