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Asahi Kasei Begins Sales of Sustainable SSBR and BR

on November 18, 2022 in Materials

Asahi Kasei has begun in November selling solution-polymerized styrene-butadiene rubber (SSBR) and butadiene rubber (BR) using the mass balance method. In October, the company’s Synthetic Rubber Division obtained ISCC PLUS certification. Asahi Kasei Synthetic Rubber Singapore has already obtained this certification, and together with the synthetic rubber plant at the Kawasaki Plant, the company has decided to sell its products...

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Japan Michelin Tire Signs Exclusive Supplier Contract for JAL’s New Aircraft

on November 18, 2022 in Industry, Tires

Michelin Japan has been selected as the exclusive tire supplier for five years for the new Airbus A350-1000 airliner to be introduced by Japan Airlines (JAL) from fiscal 2023. This is the first time that Michelin has signed a contract as the exclusive tire supplier to JAL. All A350-1000 aircraft, which are JAL’s mainstay international aircraft, will be equipped with...

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Mitsui Chemicals Receives New ISCC PLUS Certifications

on November 17, 2022 in Materials

sMitsui Chemicals has recently acquired for new ISCC PLUS certifications, an international certification system for sustainable products. This is part of the company’s move to continue acquiring such certifications with the aim to expand social implementation of biomass products based on the mass balance method. Products for which ISCC PLUS certification will be newly available: Product: Ammonia, Product name: Ammonia, Main applications:...

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Tokai Carbon’s Carbon Black Business Sales Up 43%

on November 16, 2022 in Materials

Tokai Carbon’s results for the first nine months (January-September) of the fiscal year ending December 31, 2022, showed net sales of 246.33 billion yen ($1.76 billion), up 33.1 percent year-on-year; operating income of 28.02 billion yen, up 58.6 percent; ordinary income of 32.13 billion yen, up 83.1 percent; and net income of 16.12 billion yen, up 68.6 percent. In the...

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Industry Trends: Signs of Recovery in Automotive Rubber Parts Performance

on November 15, 2022 in Industry, Market Background

Are we on the way toward a full-fledged recovery in demand? As rubber and plastic product manufacturers continue to announce their first half (April-September) earnings results for the fiscal year ending March 31, 2023, a recovery trend becomes visible in the automobile industry, the main source of demand. With the global economic outlook uncertain, it remains to be seen whether...

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Ube’s Synthetic Rubber Division Increases Sales with Price Increases

on November 14, 2022 in Materials

Ube posted first half (April-September) results for the fiscal year ending March 31, 2023, showing sales of 244.78 billion yen ($1.75 billion), down 20.2 percent year-on-year; operating income of 8.52 billion yen, down 55.4 percent; ordinary loss of 1.83 billion yen (against a profit of 17.90 billion yen in the same period last year); and net loss of 341 million...

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