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...
Zeon Corp. (TYO:4205) has received the fiscal 2017 Japan Petroleum Institute Award for Technological Progress. This comes in recognition of the company’s previous development of a process for manufacturing cyclopentyl methyl ether (CPME). CPME is a hydrophobic ether solvent made using Zeon’s unique raw materials and compounding technologies. Easily separated and recovered from water, it also provides for quick vaporization...
Synthetic rubber giant Zeon Corp. (TYO:4205) recently released its business results for fiscal 2017, with highlights including the company topping its previous record figures for sales, operating profit and ordinary profit. Sales for the year ended at 332.68 billion yen ($3.04 billion), up 15.7 percent year-on-year. Meanwhile, operating profit totaled 38.88 billion yen, up 26.4 percent; ordinary profit came in...
Zeon Corp. (TYO:4205) is planning to enhance the drying capabilities of its Kawasaki Plant, where the company produces a special vulcanized hydrogenated nitrile rubber (HNBR) sold under its Zetpol brand. This improvement to the plant’s drying capacity will allow Zeon more flexibility in manufacturing both dry and latex versions of its special-grade Zetpol products, and will also boost production efficiency....
Zeon Corp. (TYO:4205) has posted 146 billion yen ($1.33 billion) in sales for its elastomer materials business over the first three quarters of fiscal 2017, marking a year-on-year increase of 22 percent. The sales figures included a 29 percent increase in rubber, totaling 104.1 billion yen; a 14 percent in increase in latex, reaching 14.5 billion yen; and a 6...
Zeon Corp. (TYO:4205) recently revealed that it is set to supply solution-polymerized rubber to Yokohama Rubber Co. Ltd. (TYO:5101). The rubber will be sold through ZS Elastomers Co. Ltd., and is slated to be used for a white polymer that is highly reactive with silica in Yokohama Rubber’s latest studless tire, the iceGuard 6. Due to the solution-polymerized rubber’s strong...
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