denka

Denka Says Demand for Chloroprene Rubber to Remain High in FY2022

Denka’s chloroprene rubber (CR) business saw full production and sales in fiscal 2021. Demand inquiries remained strong, and sales for automotive, industrial, and adhesive applications were all favorable. Although Denka Performance Elastomer, the company’s U.S. base, was forced to suspend production in September and October as a raw material supplier sustained damages by a hurricane, it started up in November...

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Denka Posts 8.6% Year-on-Year Sales Increase for FY2021 as Demand for Chloroprene Rubber Recovers

Denka Co. Ltd. (TYO:4061) has posted sales revenue of 384.85 billion yen ($3.02 billion) for fiscal 2021, up 8.6 percent year-on-year; an operating income of 40.12 billion yen, up 15.5 percent; ordinary income of 36.47 billion yen, up 13.5 percent; and net income of 2.01 billion yen, up 14.2 percent. Each of these figures mark new record highs for the...

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Denka to Hike Prices on Fused Silica by 10–15%

Denka Co. Ltd. (TYO:4061) has announced that it is revising prices for its Denka Fused Silica Filler. Products set to be affected by this are the FB and FBX lines, with a price increase of 10–15 percent slated for products supplied from Nov. 1 onward. Giving its reasoning for the price increase, Denka noted that the cost of producing fused...

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Denka Posts Increase to Chloroprene Rubber Sales as Part of Q1 Results

Denka Co. Ltd. (TYO:4061) has revealed its business results for the first quarter of fiscal 2021, marking a recovery from the same period last year. The company ended the quarter with a sales revenue of 86.73 billion yen ($789.69 million), up 13.8 percent year-on-year; operating profit of 7.75 billion yen, up 76 percent; ordinary profit of 7.52 billion yen, up...

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Denka Takes Hit to Sales Results Despite Recovery for Chloroprene Rubber

Denka Co. Ltd. (TYO:4061) has released its business results for the first three quarters of fiscal 2020. The company revealed sales revenue of 261.99 billion yen ($2.51 billion) for the April–December period, down 9.2 percent year-on-year; an operating income of 28.03 billion yen, up 16.7 percent; an ordinary income of 27.3 billion yen, up 20.2 percent; and a net income...

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Denka Releases Video Showcasing Company Efforts to Supply Ingredients for Antiviral Drug Avigan

Denka Co. Ltd. (TYO:4061) has released an approximately eight-minute video documenting its project to supply diethyl malonate for use in Avigan, an antiviral drug being touted as a potential treatment for COVID-19. The video has been made available on the company’s website. The video brings to life the story of how Denka, responding to a government request, managed to get...

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