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JSR Begins Trial Operations at New S-SBR Plant in Hungary

JSR Corp. (TYO:4185) has been working to construct a new plant in Hungary for the production of solution-polymerized styrene–butadiene rubber (S-SBR), managing this through joint venture JSR MOL Synthetic Rubber Ltd. Late April saw the JV complete construction work and move into trial operations. JSR MOL Synthetic Rubber is owned 51 percent by JSR and 49 percent by local firm...

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JSR Set to Transfer Control of Life Sciences Business to New US Subsidiary

JSR Corp. (TYO:4185) is working to transfer control of its life sciences business to U.S.-based JSR Life Sciences LLC., a new company established on Jan. 1 under wholly owned subsidiary JSR North America Holdings Inc. Practical operations here are slated to begin on April 1. So far, JSR has grown its life sciences business on a global level, conducting M&A...

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JSR to Switch up Top Management With New Positions, New President

JSR Corp. (TYO:4185) announced on March 14 that it intends to restructure its top management, having made a decision on this at a board of directors meeting earlier that day. Managing Officer Eric Johnson, 57, has been selected to fill the newly created role of CEO. Meanwhile, Nobuo Kawahashi, 62 – currently an executive managing officer at JSR – was...

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JSR Posts Increase to Revenues, Profits on Back of Robust Sales for S-SBR

Synthetic rubber manufacturer JSR Corp. (TYO:4185) has posted sales of 376.55 billion yen ($3.43 billion) for the first nine months of fiscal 2018, representing growth of 20.1 percent over the same period last year. Meanwhile, the company’s operating profit was up 2.1 percent year-on-year to 37.95 billion yen, with its net profit for the period increasing 0.2 percent to 27.72...

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JSR Director Koichi Kawasaki Outlays Goals, Results Targets for 2019

JSR Corp. (TYO:4185) is intending to pursue its various goals for fiscal 2019 in a steady manner while achieving results, says Koichi Kawasaki, a representative director and managing officer. While external conditions for the year are difficult to predict, the first point of call, he said, will be in making efforts to get Hungarian operations up and running for solution-polymerized...

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Price Hikes Set for Synthetic Rubber, Carbon Black and More

Synthetic rubber, carbon black and a range of other raw materials have entered into a major period of price rises. This comes as price spikes for crude oil and naphtha – as well as the rising costs of distribution – place increasing pressure on companies in the industry. In synthetic rubber, industry leader JSR Corp. (TYO:4185) has announced that it...

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