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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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JSR Eyes to Strengthen Global S–SBR Promotion

Japan’s largest manufacturer of synthetic rubber, JSR Corp. (TYO:4185), is doing well with its solution styrene butadiene rubber (S–SBR) for fuel-efficient tires. The company has increased sales of S–SBR for eco tires by just short of 120 percent over that of the previous term. Such sales expansion has been a point of focus for the company, coming amid a dip...

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Elastomix’s Overseas Strategy in the Rubber Refining Industry – China

Elastomix Co. Ltd., the largest manufacturer and refiner of rubber in Japan and majority-owned by JSR Corp. (TYO:4185), predicts there will be few reasons for demand in Japan to increase in the future. As such, the company plans to aggressively cater to demand overseas through its subsidiaries in China, Thailand and Indonesia. Elastomix’s subsidiary in Foshan, China, added a Banbury...

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