Fuji Latex on June 7 held an online financial results briefing for the fiscal year ending March 31, 2024. For the period, net sales were 7.51 billion yen ($47.57 million), down 7.1% year-on-year; operating income was 439 million yen, down 42.2%; ordinary income was 382 million yen, down 47.7%; and net income was 289 million yen, down 44.0%. Sales fell...
Zeon Corporation will cease 60% of its synthetic rubber manufacturing capacity at its Tokuyama Plant in Shunan City, Yamaguchi Prefecture, the company said at a meeting held on June 11 to explain the progress of the second phase of its medium-term management plan. It plans to stop production of E-SBR (emulsion polymerization styrene butadiene rubber) Series 1 and NBR (acrylonitrile...
Osaka Soda has announced that it will raise the prices of four synthetic rubber and synthetic resin products, starting with shipments on July 1. The price increases are 30 yen ($.19) per kilogram for Epichromer epichlorohydrin rubber and Racrester acrylic rubber, 35 yen per kilogram for DAP resin-based Daiso DAP monomer and 45 yen per kilogram for Daiso DAP. The...
Zeon Corporation announced on June 10 that it will raise the selling prices of petroleum resins and thermoplastic elastomers, starting with deliveries on July 1. The price increase is 50 yen ($0.32) per kilogram for both Quintone petroleum resin and Quintac thermoplastic elastomer SIS. The company said, “The costs of manufacturing and supplying our products, including main raw material prices,...
Shinto Scientific, a manufacturer of rubber and scientific instruments operating under the Heidon brand, has added the Ex Series to its Three-One Motor Series of high-performance agitators. This series is Three-One Motor’s first motor-driven explosion-proof agitator. It uses a completely new explosion-proof enclosure design, so even if an explosion should occur inside, it will not be damaged and will not...
Togawa Rubber has developed a new ethylene-propylene terpolymer rubber (EPT) sheet with a hardness (Type A durometer) of 70 degrees and will begin selling it as a standard stock item on July 1. The company’s EPT rubber sheet has excellent weather resistance, chemical resistance, acid resistance, heat resistance, and cold resistance. They are used in a wide range of applications,...
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