Ube Industries Ltd.’s (TYO:4208) polybutadiene rubber (BR) business is robust. The company’s manufacturing plants in Japan and Thailand both produce BR at full capacity and all of this BR continues to sell. Ube Industries’ Malaysian plant has obtained certification from tire manufacturers and will start the full-scale supply of BR products in the current fiscal year. Demand for BR products...
The category-based shipping volume of synthetic rubber for January to March increased to 434,413 tons, up 4.4 percent from the same period a year earlier, according to the Japan Rubber Manufacturers Association (JRMA). Following the July–September and October–December quarters, this marks a year-on-year growth in volume for the third straight term in a row. Domestic shipping volume grew by 2.3...
Zeon Corp. (TYO:4205) subsidiary Tokyo Zairyo Co. Ltd. has announced its results for the year ending March 2017. The raw material trading company has reported 87.17 billion yen ($769.82 million) in sales, 1.94 billion yen in ordinary profit and 1.44 billion yen in net income. While sales were down 0.9 percent from a prior year, ordinary profit and net income...
Chemical maker Mitsubishi Chemical Corp. has developed a new grade of Tefabloc, a thermoplastic copolyester elastomer (TPC). Tefabloc has TPC’s unique high degree of resistance to heat, oil and abrasion while excelling in thermal adhesiveness with hard materials such as polycarbonate and acrylonitrile butadiene styrene (ABS) resin. The product has been widely adopted in the two-color molding field, primarily for...
Tokai Carbon Co. Ltd. (TYO:5301) has announced an increase of 15 percent over its current sales prices for fine-carbon, special-graphite products beginning with deliveries on July 1. The company explained that the price hike stems from a sharp decline in the special-graphite market caused by drastic changes in the balance of supply and demand. This situation has hurt profitability. Tokai...
Zeon Corp. (TYO:4205) received the fiscal 2016 Society of Polymer Science Japan (SPSJ) Award for Outstanding Achievement in Polymer Science and Technology. The award was given at the 66th SPSJ annual meeting to Zeon for its product Quintac, an asymmetric styrene-isoprene-styrene (SIS) block copolymer. The annual meeting included an award ceremony and acceptance speeches. Zeon designed Quintac by deliberately offsetting...
