elastomer

JSR Posts Major Sales Increase for First Quarter on Back of Strong Elastomer Demand

Synthetic rubber manufacturer JSR Corp. (TYO:4185) has posted sales of 122.26 billion yen ($1.1 billion) for the first quarter of fiscal 2018, up 20.9 percent from the same quarter last year. Meanwhile, the company’s operating profit was down 9.6 percent year-on-year to 11.48 billion yen, with its net profit falling 5.4 percent to 8.94 billion yen. Sales at JSR’s elastomers...

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Inoac to Roll Out High-Performance Elastomer Developed by US-Based Cooper Standard

Inoac Corp. is poised to launch the new material Fortrex in Japan within this year. A high-performance elastomer developed by Inoac’s global partner U.S.-based Cooper-Standard Holdings Inc., Fortrex combines the advantages of thermoplastic vulcanizate (TPV) and ethylene propylene diene monomer (EPDM), and will be sold as Japan’s first superelastomer of its kind. In the U.S., Fortrex is used in automotive...

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Denka Targets January 2019 Launch for New High-Performance Elastomer

Chemical manufacturer Denka Co. Ltd. (TYO:4061) has developed a new elastomer called Evolmer that it plans to release in January 2019. Evolmer will become the third product in Denka’s lineup of functional elastomers, following the company’s currently available chloroprene rubber and special acrylic elastomer products. Denka has developed Evolmer by taking the elastomer technology it has built up over the...

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JSR’s Elastomer Division Sees 6.5% Year-on-Year Increase in Sales

JSR Corp. (TYO:4185) recently released its financial results for fiscal 2017, with these showing that sales from the company’s elastomer division went up 6.5 percent year-on-year to 197.37 billion yen ($1.81 billion). Operating profit from the division was at 14.87 billion yen, up 69 percent, while sales volume was at 677,731 tons, down 3 percent. In response to rising butadiene...

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JSR Elastomer India Starts Business Operations

JSR Corp. (TYO:4185) announced on April 9 that its Indian subsidiary JSR Elastomer India Pvt. Ltd. has started operations. Located in the city of Gurugram, Haryana, JSR Elastomer India was established on Dec. 20 last year to bolster operations and marketing activities for elastomer products such as synthetic rubber with a focus on India. It is the fourth JSR subsidiary...

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Mitsui Chemicals Set to Add US Production for Milastomer TPO

Mitsui Chemicals Inc. (TYO:4183) has announced that it will set up new production facilities for Milastomer, a thermoplastic olefin (TPO) elastomer, at its U.S. production base Advanced Composites Inc. in Ohio. The move will take an investment of approximately 1.5 billion yen ($14.24 million), and will establish facilities with an annual production capacity of 6,000 tons. Construction is slated to...

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