Tokai Carbon’s first quarter results for fiscal 2023 saw net sales of 86.53 billion yen ($636.37 million), up 24.5% year-on-year; operating income of 11.49 billion yen, up 44.8%; ordinary income of 11.8 billion yen, up 40.4%; and net income of 7.96 billion yen, up 96.9%. By segment, the carbon black business posted sales of 37.46 billion yen, up 27.1%, and...
Lanxess’ Rhein Chemie business unit, which is widely involved in rubber additives such as pre-dispersed rubber chemicals, rubber processing aids, antioxidants and anti-aging agents, has achieved a significant reduction of CO2 emissions at its Kallo plant in Belgium, where vulcanization accelerators are manufactured. From 2022, CO2 emissions in the generation of steam used for production have been significantly reduced. This...
Bridgestone has switched all purchased electricity used at its six Japanese tire and raw materials plants to renewable energy. In addition, two chemical plants (Seki and Kumamoto) have also begun switching and will continue to systematically expand the use of renewable energy in the future. The company said in 2021 that it aims to achieve 100% renewable energy at its...
Kuraray recently held an opening ceremony at its new isoprene-related business plant in Thailand to mark the start of operations. The new plant was constructed in the WHA Eastern Industrial Park within the petrochemical complex in Map Ta Phut, Rayong Province, and has been in operation since February. Established by Kuraray GC Advanced Materials and Kuraray Advanced Chemicals (Thailand), the...
Yokohama Rubber, in cooperation with Kanagawa Chuo Kotsu (Kanagawa Central Transportation Company), began a demonstration test of its tire pressure sensor and tire air pressure remote access system (TPRS) on EV buses in March. The experiment uses EV buses operated by Kanagawa Chuo Kotsu in Hiratsuka City. Yokohama Rubber offers tire solution services for transportation companies, including the HiTES tire...
Toyoda Gosei reported sales revenue of 951.87 billion yen ($7.05 billion), up 14.7% year-on-year, operating profit of 35.06 billion yen, up 2.6%, and net profit of 16 billion yen, down 31.5% in the fiscal year ended March 31, 2023 (IFRS). The factors contributing to the increase in operating income were rationalization of 17.5 billion yen, foreign exchange of 7.1 billion...
