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Mitsui Chemicals to Launch Cooperative Logistics Network for Chemicals

Chemical company and synthetic rubber manufacturer Mitsui Chemicals Inc. (TYO:4183) is launching this autumn a cooperative logistics network for small-quantity chemical products. The network will be comprised of several companies that operate factories across Tokyo, Yokohama and Chiba prefecture. With a shortage of truck drivers continuing to worsen, the network aims to stabilize long-distance shipping for small-quantity chemical products such as...

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JSR Increases S-SBR Sales by 15% in Second Quarter

JSR Corp. (TYO:4185) has seen an improvement in the sales of its solution styrene butadiene rubber (S-SBR), with sales volume in the second quarter (July–September) of fiscal 2016 rising around 15 percent over that of the same quarter last year. While the company’s elastomer division has seen a second-quarter fall in revenue and profit on account of a strong yen...

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JSR Downwardly Revises Projected Business Results for 2016

Major Japanese synthetic rubber manufaturer JSR Corp. (TYO:4185) has downwardly revised its projected business results for fiscal 2016. Projected sales were adjusted to 367 billion yen ($3.51 billion), down 7.1 percent from 395 billion yen in the previous forecast. Operating income was revised to 26 billion yen, down 25.7 percent from 35 billion yen, while ordinary income is now projected...

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JSR Makes Strategic Investment in US Startup Carbon3D

JSR Corp. (TYO:4185) is investing $5 million in Carbon3D Inc., a U.S.-based startup with innovative 3D printing technology. Carbon3D has developed a technology called Continuous Liquid Interface Production, or CLIP, which enables faster printing speed, exceptional surface finishing and superior physical properties of 3D printed objects. JSR will start feasibility studies for collaborative activities with Carbon3D Inc. in Japan by leveraging its own technologies in...

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JSR Develops Materials for 3D-Printed, Lightweight Artificial Legs

Synthetic rubber and chemicals manufacturer JSR Corp. (TYO:4185) has developed a 3D-printed prosthetic leg in a joint project with All Nippon Airways Co. Ltd. (ANA) and prosthesis manufacturer SHC Design Inc. The company intends to support efforts to commercialize the tool. Current prosthetic legs are typically made from metal and cost a pricey 300,000 to 400,000 yen ($2,953 to $3,937)....

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JSR Elastomer Business Shows Slight Profit in Q1 Amid Decrease in Sales

Business performance for JSR Corp. (TYO:4185) suffered somewhat over the first quarter of the 2016 fiscal year. The large synthetic-rubber manufacturer announced on July 25 that sales for April–June saw a year-on-year drop of 7 percent, falling to 88.786 billion yen ($878.535 million); operating profit fell 24 percent, down to 5.637 billion yen; pretax profit dropped by 20 percent, at...

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