Materials

Asahi Kasei Achieves Increases in Income and Profit for FY2022

Asahi Kasei Corp. (TYO:3407) has reported its business performance for the fiscal year ended March 2022. The company posted net sales of 2.46 trillion yen ($19.21 billion), up 16.9 percent year-on-year; operating income of 202.647 billion yen, up 17.9 percent; ordinary income of 212.052 billion yen, up 19.1 percent; and net profit of 161.88 billion yen, up 102.9 percent. Performance...

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Denka Posts 8.6% Year-on-Year Sales Increase for FY2021 as Demand for Chloroprene Rubber Recovers

Denka Co. Ltd. (TYO:4061) has posted sales revenue of 384.85 billion yen ($3.02 billion) for fiscal 2021, up 8.6 percent year-on-year; an operating income of 40.12 billion yen, up 15.5 percent; ordinary income of 36.47 billion yen, up 13.5 percent; and net income of 2.01 billion yen, up 14.2 percent. Each of these figures mark new record highs for the...

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Tokai Carbon Posts 94.7% Profit Growth for First Quarter of Calendar 2022

Japanese carbon black giant Tokai Carbon Co. Ltd. (TYO:5301) has posted strong results for the first quarter of calendar 2022. This includes sales revenue of 69.51 billion yen, up 28.8 percent year-on-year; operating income of 7.94 billion yen, up 94.7 percent; ordinary income of 8.41 billion yen, up by 110.2 percent; and net income of 4.04 billion yen, up by...

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Shin-Etsu Polymer Keeps Pace in 2021 With Silicone Rubber Sales

Shin-Etsu Polymer Co. Ltd. (TYO:7970) recently reported its business results for fiscal 2021. This included net sales of 92.64 billion yen ($710 million), up 20.5 percent year-on-year; operating income of 9.73 billion yen, up 34.8 percent; ordinary income of 10.13 billion yen, up 44.3 percent; and net profit of 6.31 billion yen, up 39 percent. Among the silicone rubber molding...

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Zeon to Establish New Production Facilities for LiB Materials in Thailand

Zeon Corp. (TYO:4205) has decided to increase its production capacity for LiB materials. The synthetic rubber and chemicals manufacturer plans here for new production facilities to be built under Thai subsidiary Zeon Chemicals Asia Co. Ltd., with production of battery binders – a mainstay part of Zeon’s battery materials business – set to begin here in 2024. Zeon’s medium-term business...

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Eneos Materials to Hike Prices on Elastomer and Latex Products

Eneos Materials Corp. is set to raise its prices on elastomer and latex products starting with June 1 deliveries. Starting with a look at products from Eneos Materials itself, prices will rise by at least 20 yen ($0.15) per kilogram on emulsion-polymerized styrene–butadiene rubber (E-SBR), nitrile rubber (NBR), butadiene rubber (BR), the company’s RB line, high-styrene rubber (HSR) and nitrile...

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