Zeon Corp. (TYO:4205) needs to quickly find and master new solution styrene butadiene rubber (S-SBR) technology in order to develop a distinctive position, says President Kimiaki Tanaka. Sitting down recently for an interview, Tanaka said that with Zeon and Sumitomo Chemical Co. Ltd. (TYO:4005) having agreed to merge their S-SBR operations under a new joint venture, we will see a...
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JSR Corp. (TYO:4185) has, for the first time since its founding, restructured its business according to applications, said President Mitsunobu Koshiba during a recent talk with Japan Rubber Weekly. In addition to other steps, this included the establishment of a Tire Materials Department in June 2016. With its history of starting synthetic rubber production as a statutory company, he said...
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Zeon Corp. (TYO:4205) and Sumitomo Chemical Co. Ltd. (TYO:4005) have entered into a partnership contract to integrate their solution-styrene butadiene rubber (S-SBR) business operations under a joint venture firm to be established on Dec. 8. According to the contract, ZS Elastomers Co. Ltd. (ZSE) will be established as a wholly owned Zeon subsidiary using a capital investment of 450 million...
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Asahi Kasei Corp. (TYO:3407) publicly unveiled its fifth-generation solution styrene butadiene rubber (S-SBR) during the Rubber & Elastomer Technical Exhibition at IRC 2016 Kitakyushu. The company exhibited XF and XB grades from the new series. Although they had been shown to engineers at conferences, this is the first time for the company to exhibit the grades publicly. Deliveries are already...
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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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Zeon Corp. (TYO:4205) and Sumitomo Chemical Co. Ltd. (TYO:4005) have reached a basic agreement to begin looking into the consolidation of the two companies’ solution styrene butadiene rubber (S-SBR) businesses. Zeon and Sumitomo Chemical will, by the end of September, complete due diligence and studies pertaining to the nature of the business consolidation. Any definitive agreements stemming from this would...
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