Elastomix Co. Ltd., a consolidated subsidiary of major synthetic rubber manufacturer JSR Corp. (TYO:4185), has announced plans to establish a new company in Mexico for carbon masterbatch (CMB) manufacturing. Commercial production is slated to begin in 2018. Mexico is a major exporter to the North American automotive market. Elastomix aims to expand by establishing a manufacturing hub in the region...
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The Japan Petrochemical Industry Association (JPCA) recently published the 2016 edition of its almanac “State of the Petrochemical Industry.” Published almost every year since 1961, the publication provides data about the Japanese petrochemical industry and the composition of the industry’s upstream supply chain. The almanac features an overview of the petrochemical industry, industry-related statistics, production capacity of main petrochemical products...
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Speaking recently on overseas operations, Tokai Carbon Co. Ltd. (TYO:5301) President Hajime Nagasaka said that production at the company’s subsidary Thai Tokai Carbon Product Co. Ltd. is currently operating at full capacity. The path to this, Nagasaka said, was not by getting into unreasonable price competition – it was by customers who had been using low-price goods from China and...
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Structural reforms to Tokai Carbon Co. Ltd.’s (TYO:5301) carbon black business are going exactly as planned, President Hajime Nagasaka said recently when speaking on the progress of the company’s T-2018 mid-term management plan. In order to undertake an overhaul of Tokai Carbon’s business foundations, the company is using T-2018 to structurally reform its carbon black, fine carbon and electrode businesses....
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Japan’s import volume of natural rubber for July 2016 decreased by 1.2 percent year-on-year, with import value plunging 24.3 percent, according to statistics gathered by the Rubber Trade Association of Japan. It represents the fifth consecutive month of year-on-year decline for import volume, and the 10th such consecutive month for import value. The average import price plummeted by 23.4 percent...
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Kuraray Co. Ltd. (TYO:3405) has revealed that it has entered into discussions with Sumitomo Corp. (TYO:8053) and PTT Global Chemical Co. Ltd. (PTTGC) regarding the construction of a plant in Thailand for the manufacturing of butadiene derivatives. The three will form a joint venture company to manufacture and sell hydrogenated styrene-based thermoplastic elastomer (HSBC) and high-performance polyamide PA9T. Plans call...
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