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Asahi Kasei Announces Price Hike for Synthetic Rubber, TPE

on April 2, 2018 in Materials

Asahi Kasei Corp. (TYO:3407) recently announced that it plans to increase the prices of its synthetic rubber and thermoplastic elastomer, among other products, starting from shipments on April 16. Prices per kilogram are set to rise by at least 25 yen ($0.24) for butadiene rubber, styrene–butadiene rubber, styrenic thermoplastic elastomer and hydrogenated styrenic elastomer. Meanwhile, the company’s clear styrenic block...

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Mitsubishi Chemical to Establish Regional Management Company for Performance Polymers in Singapore

on March 30, 2018 in Materials

Mitsubishi Chemical Corp., a developer and manufacturer of performance products and materials, has announced it will set up a regional management company in Singapore to help expand its performance polymer business in the ASEAN region and India. As of April 1, Advanced Plastics Compounds Singapore Pte. Ltd. (APS) – a Singaporean-based consolidated subsidiary of Mitsubishi Chemical – will assume a...

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Mitsui Chemicals Set to Add US Production for Milastomer TPO

on March 28, 2018 in Materials

Mitsui Chemicals Inc. (TYO:4183) has announced that it will set up new production facilities for Milastomer, a thermoplastic olefin (TPO) elastomer, at its U.S. production base Advanced Composites Inc. in Ohio. The move will take an investment of approximately 1.5 billion yen ($14.24 million), and will establish facilities with an annual production capacity of 6,000 tons. Construction is slated to...

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Bridgestone Subsidiary Looks to Transform Into Solutions Business

on March 27, 2018 in Materials

Bridgestone Diversified Products Japan Co. Ltd. (BDPJ), a Bridgestone Corp. (TYO:5108) subsidiary focused on rubber and other materials for industrial and infrastructural applications, recently held a regular distributor conference. The conference covered BDPJ’s operations in the Ban-etsu and Kanto regions of Japan, and was attended by 78 corporate members. Speaking at the event, company president Fumihiko Eitoku said that he...

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Tokai Carbon Expects Strong Business Performance to Continue

on March 1, 2018 in Materials

Carbon black manufacturer Tokai Carbon Co. Ltd. (TYO:5301) is enjoying strong business performance, with recently posted business results showing drastic increases to the company’s sales and profits. Sales for the year through December 2017 were up 19.9 percent from the previous year. Meanwhile, operating profit rose by 915.1 percent, ordinary profit by 678.3 percent, and net profit increased by approximately...

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Mitsui Chemicals Announces Open-Lab Event to Promote Materials

on February 22, 2018 in Materials

Mitsui Chemicals Inc. (TYO:4183) has announced that it will run the Mitsui Chemicals Material Oriented Laboratory (MOLp) – part of the company’s cross-organizational open-lab activities – for five days from March 7–11. This will take the form of an event the company is calling MOLpCafe, where visitors will be able to experience the appeal of a range of different materials....

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