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Air Water Develops Highly Heat-Resistant FKM O-Ring

on September 10, 2018 in Innovation

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...

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Zeon Plans New Thai Subsidiary for Production of Acrylic Rubber

on August 31, 2018 in Products

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...

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Zeon’s Elastomer Business Sees Rising Sales, Falling Profits for First Quarter

on August 10, 2018 in Materials

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...

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China Issues Preliminary Ruling on NBR Anti-Dumping Duty: Zeon Faces 30%, JSR 18.1%

on August 6, 2018 in Industry

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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Zeon Co-Develops New Technology to Produce Isoprene From Biomass

on July 31, 2018 in Innovation

Zeon Corp. (TYO:4205) has worked with the Institute of Physical and Chemical Research (Riken) and Yokohama Rubber Co. Ltd. (TYO:5101) to co-develop a new technology for producing isoprene – a raw material used in synthetic rubber – from biomass in a stable and efficient manner. By constructing a world-first artificial pathway and creating highly active enzymes, the research project has...

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Zeon Subsidiary Tokyo Zairyo Sees Profit Rise for Ninth Straight Year

on July 9, 2018 in Industry, Materials

Tokyo Zairyo Co. Ltd., a Zeon Corp. (TYO:4205) subsidiary focused on the trading of raw materials, has shown strong financial results for the fiscal year ending March 2018. Fiscal 2017 saw the company generate 93.28 billion yen ($844.28 million) in sales, up 7 percent year-on-year; 1.99 billion yen in ordinary profit, up 2.6 percent; and 1.54 billion yen in net...

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