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JSR Medium-Term Earnings Report: Major Gains in Revenue, Profit, SSBR Sales Volume

JSR Corp. (TYO:4185) posted sales of 203.54 billion yen ($1.78 billion) in sales for the April–September first fiscal half, up 11.7 percent from the year-earlier period, and operating profit of 23.37 billion yen, up 56.3 percent on the year. Net profit was reported up 53.6 percent on the year to 17.97 billion yen. The report, conforming to International Financial Reporting...

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JSR Adopts AI Strategy to Boost Plant Safety and Productivity

JSR Corp. (TYO:4185) has teamed up with Nippon Telegraph and Telephone Corp. (TYO:9432), commonly known as NTT, and Accenture PLC on a proof-of-concept project for a next generation smart industrial complex at JSR’s Chiba Plant. The project integrates JSR’s expertise in operation management and maintenance tasks with state-of-the-art technology from NTT Advanced Technology Corp. and others within the NTT Group....

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Techno Polymer and UMG ABS Delay Launch of New ABS Resin Company

JSR Corp. (TYO:4185), Mitsubishi Chemical Corp. and Ube Industries Ltd. (TYO:4208) have announced delays to the integration of Techno Polymer Co. Ltd.’s and UMG ABS Ltd.’s acrylonitrile butadiene styrene (ABS) resin businesses. Techno Polymer is a wholly-owned subsidiary of JSR, while Ube Industries and Mitsubishi Chemical each hold 50 percent shares in UMG ABS. The parent companies had originally planned...

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Elastomer Industry Profits Grow Due to Falling Raw Material Costs

Two large synthetic rubber manufacturers, JSR Corp. (TYO:4185) and Zeon Corp. (TYO:4205), recently released their business results for the first quarter of fiscal 2017. Both companies saw a significant increase to their elastomer division profits for the quarter, including profits for synthetic rubber. This profit growth is caused by an increase in the spread between elastomer material costs and selling...

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JSR to Acquire Lexi, Expand 3D Printing and Material Business

JSR Corp. (TYO:4185) recently reached an agreement to acquire a 100 percent stake in 3D software company Lexi Co. Ltd. With the JSR Group expanding its business through 3D printing and material technology, this is an opportunity for the company to move forward and establish a new business in the life sciences sector. The acquisition would see the combining of...

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JSR Positions SSBR as Driver of Revenue in New Business Plan

JSR Corp. (TYO:4185) has identified solution styrene butadiene rubber (SSBR) as a lucrative growth area in JSR20i9, the company’s medium-term business plan for fiscal 2017 to 2019. JSR hopes to achieve the plan’s goals through plant construction, greater product sales and full-capacity operations at new lines. One focus of the plan is the release of new SSBR products with better...

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