zeon

Zeon Considers New Specialty Rubber Plants, Targets Sales of 500B Yen for 2020

Zeon Corp. (TYO:4205) recently announced SZ-20 Phase III, a new medium-term management plan covering the four fiscal years from 2017 to 2020. The plan sets a target for consolidated net sales of at least 500 billion yen ($4.47 billion) in fiscal 2020. Zeon expects that two businesses, elastomers and advanced functional materials, will each account for 250 billion yen of...

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Interview: ZS Elastomers President Talks Company Development, Production Consolidation and Aspirations

ZS Elastomers Co. Ltd. (ZSE), a solution styrene-butadiene rubber (S-SBR) joint venture between Zeon Corp. (TYO:4205) and Sumitomo Chemical Co. Ltd. (TYO:4005), will soon begin operations. Japan Rubber Weekly sat down with ZSE President Kei Itoh, temporarily assigned from Zeon, to talk about the company’s aims. Looking at the developments to come out of Zeon, Itoh said that it was...

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Zeon, Sumitomo Chemical S-SBR Joint Venture to Commence Operations in April

ZS Elastomers Co. Ltd. (ZSE), a solution styrene-butadiene rubber (S-SBR) joint venture between Zeon Corp. (TYO:4205) and Sumitomo Chemical Co. Ltd. (TYO:4005), will commence operations on April 3. ZSE has obtained approvals from the relevant authorities in Japan and overseas and will take over the sales and R&D functions of Zeon and Sumitomo Chemical’s S-SBR businesses. The company will also...

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Zeon Increases Profit on Falling Revenues, Specialty Rubbers Strong in Japan

Synthetic rubber manufacturer Zeon Corp. (TYO:4205) has posted increasing profits on falling revenues for its rubber business over the April–December period for fiscal 2017. The company’s sales volume over the period declined 5 percent year-on-year, sitting at 224,000 tons. General-purpose rubber for tires declined 10 percent domestically on account of a lowered utilization rate among tire manufacturers. Coupled with overseas...

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Zeon to Build New Hydrogenation Facility for Low-VOC Petroleum Resin

Zeon Corp. (TYO:4205) will build a new facility for hydrogenation of Quintone petroleum resin with proprietary technology at its Mizushima Plant, Okayama Prefecture. Construction is set to commence this month, with operations scheduled for July. The company is making a capital investment of 1.2 billion yen ($10.46 million) into the plant, which has an annual Quintone production capacity of 40,000...

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Zeon President Tanaka Talks S-SBR, Prospects Moving Forward

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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