Zeon Corp. (TYO:4205) group company Tokyo Zairyo Co. Ltd., a seller of chemicals and other products from stock, recently established a new subsidiary in the Czech Republic capital of Prague. The new subsidiary began operations earlier this month under the name Tokyo Zairyo Czech s.r.o. Utilizing the networks that its parent company has cultivated both locally and overseas, Tokyo Zairyo...
Zeon Corp. (TYO:4205) plans to build an additional production line for retardation films to be used in large television screens. The company will invest in the range of 10 billion yen ($88.86 million) to build a new production line with an annual capacity of 50 million square meters at its Tsuruga Plant in Tsuruga City, Fukui Prefecture. Plans are to...
Air Water Inc. (TYO:4088) has developed a highly heat-resistant new O-ring using general-purpose fluororubber (FKM). This was achieved via efforts from subsidiary Air Water Mach Inc., which produces and and sells O-rings in addition to other sealing products. The new product combines fluororubber with Zeonano SG101, a series of single-walled carbon nanotubes that Zeon Corp. (TYO:4205) produces via the super-growth...
Zeon Corp. (TYO:4205) has announced that it intends to establish a new subsidiary, tentatively named Zeon Chemicals Asia Co. Ltd., to help in expanding its business for the manufacture and sale of acrylic rubber. The subsidiary will be located in Rayong Province, Thailand, and capitalized at 1.25 billion baht ($38.13 million). Acrylic rubber provides for excellent resistance to heat and...
Zeon Corp. (TYO:4205) has released its results for the first quarter of fiscal 2018, showing its sales for the period as having risen 1.1 percent year-on-year to reach 83.67 billion yen ($754.26 million). Meanwhile, the company’s operating profit was down 13 percent to 8.46 billion yen, while its ordinary profit fell 10.6 percent to 9.66 billion yen and its net...
China has issued a preliminary ruling on an anti-dumping duty targeting nitrile rubber (NBR) imports from Japan and South Korea. This follows the country’s Ministry of Commerce having announced this duty on July 16. Under the new anti-dumping duty, Japan’s Zeon Corp. (TYO:4205) is required to pay a deposit of 30 percent on its NBR exports to China, with this...
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