Tosoh has begun sales of the newly developed SG Series, a new grade of Skyprene chloroprene rubber composited with cellulose nanofiber (CNF) that has been adopted as a material for Bando Chemical’s transmission belts. CNF is a biomass-derived high-performance material that is one-fifth the weight of steel but more than five times stronger, and is expected to be a substitute...
Bando Chemical has developed the world’s first cellulose nanofiber (CNF)-compounded rubber double cog belt for high-load applications as a new lineup of speed change belts for use in large baby carriages and scooters. In the course of designing formulations that combine reinforcement materials such as carbon black and fiber materials with rubber, the company has focused on CNF, a new...
Tosoh reported net sales of 747.89 billion yen ($5.01 billion), down 5.9% year-on-year, for the first nine months (April-December) of the fiscal year ending March 2024. Operating income stood at 59.55 billion yen, up 1.1%, ordinary income at 68.67 billion yen, down 5.0%, and net income at 41.37 billion yen, down 10.7%. By segment, the petrochemical business posted sales of...
Chloroprene rubber (CR) sales volume and prices are likely to bottom out in the second half of fiscal 2023 (October-March 2024). This comes with demand for CR currently being sluggish due to weak demand for industrial goods and adhesive applications, as well as inventory adjustment in automotive applications, where demand has been recovering. Supply chain inventories have built up significantly...
Tosoh Group member Tosoh Logistics took delivery of a new ethylene carrier, the Kayo, on August 17. Ethylene is extremely flammable and combustible, and therefore, adequate safety measures must be taken. The new vessel will ensure continuing safe and stable transport in response to the aging of existing vessels. The Kayo is one of the few special vessels in Japan...
Tosoh will make a decision on the expansion of its chloroprene rubber (CR) plant, which the company is currently considering, within the current fiscal year, company president Mamoru Kuwada said at a management briefing meeting held on May 24. The company is considering increasing the capacity of its Nanyo Complex (Shunan City, Yamaguchi Prefecture), which currently produces 37,000 tons per...
