silicone

Shin-Etsu Chemical Plans 110B Yen of Capital Investment for Silicones Business

Shin-Etsu Chemical Co. Ltd. (TYO:4063), a major player in the market for polyvinyl chloride (PVC) and silicone products, recently announced that it is looking to invest nearly 110 billion yen ($982.1 million) into facilities for its silicones business. These investments will be implemented in stages over approximately the next two and a half years, with the company improving its capacity...

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Shin-Etsu to Hike Silicone Product Prices From January

Shin-Etsu Chemical Co. Ltd. (TYO:4063) has announced a price change for all of its silicone products. Starting from shipments for January next year, the company will raise prices by 10 to 20 percent. The price of metallic silicon – a main raw material for silicone – has risen, and further increases are expected, a Shin-Etsu representative says. As it has...

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Nikka Shoko, Hotty Polymer Showcase Silicone Products at Thai Trade Show

Nikka Shoko (Japan) Co. Ltd., a trader of industrial rubber and plastic products, and Hotty Polymer Co. Ltd., a manufacturer of rubber and plastic goods for the automotive and construction sectors, recently co-exhibited at Thailand’s T-PLAS 2017 trade fair. The fair, which shows opportunities for the plastics and rubber industries under the country’s Thailand 4.0 economic model, which was held...

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Shin-Etsu Polymer Looks to Get Active in M&As

Shin-Etsu Polymer Co. Ltd. (TYO:7970) plans to solidify and build upon its current position by seeking out companies to acquire, CEO Yoshiaki Ono has revealed. Viewing the establishment of new business as critical to extending company performance over the mid–long term, the manufacturer of silicone goods and other chemical products is looking to get active in M&As. In terms of...

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Shin-Etsu Polymer Increases Q1 Profits Despite Slight Drop in Sales

A major manufacturer of silicone products for the electronics and information industries, Shin-Etsu Polymer Co. Ltd. (TYO:7970), posted first quarter sales of 17.937 billion yen ($1.79 billion), representing a year-on-year decline of 1.1 percent. Meanwhile, operating profit for the same April–June period increased 118.5 percent, rising to 1.645 billion yen; pretax profit rose 3.9 percent, hitting 1.196 billion yen; and...

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