tokai carbon

Bridgestone Transfers Carbon Black Operations in Thailand to Tokai Carbon

Bridgestone has signed an agreement to transfer ownership of its group company Bridgestone Carbon Black (Thailand) to Tokai Carbon and its Thai subsidiary, Thai Tokai Carbon Product. Bridgestone is restructuring its in-house carbon black operations by focusing on areas where collaboration with partners who possess specialized expertise, global networks, and resources can add value. Tokai Carbon, a global partner whose...

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Tokai Carbon Posts FY Results, Carbon Black Sales and Profits Up

Tokai Carbon reported a 3.8% year-on-year decline in sales to 350.12 billion yen ($2.34 billion), a 49.9% drop in operating income to 19.39 billion yen, a 45.7% drop in ordinary income to 22.58 billion yen, and a net loss of 56.73 billion yen for the fiscal year ended December 31, 2024. The net loss followed a net income of 25.47...

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Bridgestone to Build Pilot Plant for Precision Pyrolysis of Used Tires

Bridgestone has decided to construct a pilot plant for precision pyrolysis of used tires on the premises of its Seki Plant in Gifu Prefecture, with the aim of implementing horizontal tire recycling in society. The plant will have a maximum processing capacity of 7,500 tons of used tires per year. It will establish and optimize a precision pyrolysis process and...

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Bridgestone Launches Joint Project to Generate Carbon Black from Used Tires

Bridgestone, Tokai Carbon, Kyushu University, and Okayama University have launched a joint project to produce carbon black (eco Carbon Black = eCB) with rubber-reinforcing properties comparable to virgin carbon black (vCB) derived from petroleum and coal by secondary processing of recovered carbon black (rCB) extracted from used tires and other polymer products containing rubber. This project is a part of...

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Tokai Carbon Posts First Half Results, Profits Down Substantially

Tokai Carbon reported for the first half of the current fiscal year a 4.2% year-on-year decline in net sales to 170.92 billion yen ($1.17 billion), a 61.2% drop in operating income to 8.43 billion yen, a 56.4% decline in ordinary income to 10.52 billion yen, and a 77.0% drop in net income to 3.66 billion yen. The carbon black business,...

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Tokai Carbon Sees Sales Increase 24.5% in First Quarter

Tokai Carbon’s first quarter results for fiscal 2023 saw net sales of 86.53 billion yen ($636.37 million), up 24.5% year-on-year; operating income of 11.49 billion yen, up 44.8%; ordinary income of 11.8 billion yen, up 40.4%; and net income of 7.96 billion yen, up 96.9%. By segment, the carbon black business posted sales of 37.46 billion yen, up 27.1%, and...

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