Zeon Corp. (TYO:4205), a major manufacturer of specialty synthetic rubber, has reported that net sales for the company’s elastomer materials business declined by 5 percent year on year to 178.9 billion yen ($1.61 billion) for the fiscal year ending March 2016. Meanwhile, operating profit for the segment climbed 23 percent to 20.7 billion yen. Sales volume for synthetic rubber rose...
[lwa template="modal" register="0"]Subscribe
Zeon Corp. (TYO:4205) has announced that its subsidiary, Zeon Kasei Co. Ltd., will build a new factory in Mexico for the production of PVC/PSC resin compound for powder slush molding. The factory will use vinyl chloride resins as the raw material. The investment amount will be 1.5 billion yen ($13.5 million) and Zeon Kasei aims to begin production of 1,200...
[lwa template="modal" register="0"]Subscribe
Hiroyuki Hirakawa, director and senior corporate officer, head of Elastomers and Chemicals Business Headquarters, and division manager–Synthetic Rubber of Zeon Corp. (TYO:4205), commented on the recent state of Zeon Chemicals Singapore Pte. Ltd. He said that the company’s production facilities will be in full operation while addressing the necessary mechanical and equipment issues until the plant is fully ramped up. Hirakawa...
[lwa template="modal" register="0"]Subscribe
Zeon Corp. will halt its synthetic rubber production in the U.K. The company plans to break up and liquidate Zeon Chemicals Europe Ltd. (ZCEL), a consolidated subsidiary that produces and sells nitrile rubber (NBR). The reasons for the decision are uncertainty about securing procurements of primary materials over the long-term in the U.K., as well as the changing market environment....
[lwa template="modal" register="0"]Subscribe
The 25 listed rubber companies (including the two synthetic rubber manufacturers JSR Corp. and Zeon Corp.) have reported their earnings for the first six months (April-September) of fiscal 2015. Twenty of the 25 companies reported higher revenues, while 21 increased operating profits, 19 had higher ordinary income, and 20 increased net income. Seventeen increased both revenues and profits (sales, ordinary...
[lwa template="modal" register="0"]Subscribe
Zeon Corp., the National Institute of Advanced Industrial Science and Technology (AIST) and the New Energy and Industrial Technology Development Organization (NEDO) held a completion ceremony at Zeon’s plant for the world’s first mass-production of carbon nanotubes using the super-growth method developed by AIST. The plant goes online in November 2015. The super-growth method offers the benefits of high-speed and...
[lwa template="modal" register="0"]Subscribe
