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Mitsui Chemicals Set to Acquire TPS Business From Asahi Kasei

on November 15, 2017 in Materials

Mitsui Chemicals Inc. (TYO:4183) has announced that it will acquire the Sunvieo thermoplastic styrene elastomer (TPS) business currently held by Asahi Kasei Corp. (TYO:3407) on Oct. 1. The acquisition price has not been disclosed. With the acquisition, Mitsui Chemicals will be better situated to answer wide-ranging needs in various sectors, such as auto parts and consumer products. Mitsui Chemicals currently...

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JSR Medium-Term Earnings Report: Major Gains in Revenue, Profit, S-SBR Sales Volume

on November 2, 2017 in Market Background, Materials

JSR Corp. (TYO:4185) posted sales of 203.54 billion yen ($1.78 billion) in sales for the April–September first fiscal half, up 11.7 percent from the year-earlier period, and operating profit of 23.37 billion yen, up 56.3 percent on the year. Net profit was reported up 53.6 percent on the year to 17.97 billion yen. The report, conforming to International Financial Reporting...

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Toyoda Gosei Group Holds Domestic and Global CSR Event

on October 20, 2017 in Materials

Toyoda Gosei (TYO:7282) and its domestic and overseas group companies recently carried out a corporate social responsibility (CSR) activity around the globe, involving approximately 7,000 executives, employees and their family. The event, which has been held every year since 2012, aims to raise awareness toward service to society through group-wide volunteer work catered to local communities. This year’s domestic activities...

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JFE Engineering Wins Contract for Expansion Work at Asahi Kasei’s S-SBR Plant in Singapore

on October 18, 2017 in Industry, Materials

JFE Engineering Corp. recently announced that it has been awarded a contract for expansion work at Asahi Kasei Corp.’s (TYO:3407) plant in Singapore, which manufactures solution-polymerized styrene butadiene rubber (S-SBR). After receiving an order from Asahi Kasei, JFE Engineering began construction work to expand the facilities in July, and will complete the work by January 2019. With this expansion, production...

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Zeon Adds New Production Line for Retardation Film Used in LCD TVs

on October 4, 2017 in Materials

Zeon Corp. (TYO:4205) recently announced that it its subsidiary Optes Inc. has begun full-scale operations at a new production line for retardation film used in LCD televisions. The line is part of Optes’ Himi Plant in Hokuriku. The new production line is Zeon’s sixth for retardation film, and is able to produce 24 million square meters of the material per...

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12th TPE Technology Institute Open Seminar Features Speakers From Tokyo and Fukuoka Universities, Zeon

on September 26, 2017 in Industry, Materials

The Research Association of Nano Structured Polymer recently held the 12th TPE Technology Institute Open Seminar, which was host to lectures on three topics. First to present was Sadaharu Hashimoto, R&D manager at Zeon Corp.’s (TYO:4205) R&D Center. His presentation, titled “Development of Novel Elastic Materials: Asymmetric Triblock Styrene Copolymer,” previously received an award from the Society of Polymer Science,...

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