The global supply–demand balance for chloroprene rubber (CR) continues to sit tight. And with no significant reversal expected in these market conditions for the time being, CR manufacturers are rushing to deal with the situation. In Japan, this has seen Tosoh Corp. (TYO:4042) recently give details on a plan to bolster its production capacity for CR, set to be achieved...
Ube Industries Ltd. (TYO:4208) is planning to increase its current production capacity for butadiene rubber (BR) by approximately 8 percent in 2020, company president Masato Izumihara has revealed. At present, Ube Industries has a total of 320,000 tons of annual BR production capacity across bases in Thailand, China, Malaysia and the Japanese city of Chiba. But in October 2020, the...
Mitsui Chemicals Inc. (TYO:4183) recently released its business results for fiscal 2018. The company’s overall sales for the period totaled 1.48 trillion yen ($13.47 billion), up 11.6 percent year-on-year. Operating profit was 93.43 billion yen, down 9.7 percent year-on-year; ordinary profit was 102.97 billion yen, down 6.6 percent; and net profit was 76.12 billion yen, up 6.3 percent. Mitsui Chemicals’...
Zeon Corp. (TYO:4205) is seeing strong sales growth with its business for solution-polymerized styrene–butadiene rubber (S-SBR), recording year-on-year growth of 9 percent to its sales here for fiscal 2018. Going forward, the expectation is that this same level of growth will continue – and if it does, the company will likely have both its production and its sales of S-SBR...
JSR Corp. (TYO:4185) has been working to construct a new plant in Hungary for the production of solution-polymerized styrene–butadiene rubber (S-SBR), managing this through joint venture JSR MOL Synthetic Rubber Ltd. Late April saw the JV complete construction work and move into trial operations. JSR MOL Synthetic Rubber is owned 51 percent by JSR and 49 percent by local firm...
JSR Corp. (TYO:4185) is working to transfer control of its life sciences business to U.S.-based JSR Life Sciences LLC., a new company established on Jan. 1 under wholly owned subsidiary JSR North America Holdings Inc. Practical operations here are slated to begin on April 1. So far, JSR has grown its life sciences business on a global level, conducting M&A...
