Specialty rubber manufacturer Zeon reported net sales of 97.756 billion yen ($737.444 million) for the first quarter (April-June) of the fiscal year ending March 2023, up 11.9 percent year-on-year. Operating income was 10.726 billion yen, down 22.6 percent, ordinary income was 12.940 billion yen, down 12.7 percent, and net income was 8.706 billion yen, down 13.4 percent. In the elastomer...
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Zeon recently revised its basic CSR policy, which is the basic approach to its corporate activities, and established a new basic sustainability policy effective July 1. The company aims to achieve the 2030 vision of its medium-term management plan by developing its CSR management of the past into a sustainability management with a broader perspective. Under its basic CSR policy,...
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Tokyo Zairyo Co. Ltd., a raw materials trading firm under the Zeon Group, has posted its business results for fiscal 2021 – revealing sales revenue of 47.11 billion yen, ordinary profit of 2.46 billion yen and net profit of just under 1.7 billion yen. With the company having applied changes including a new revenue recognition standard from the start of...
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Zeon Corp. (TYO:4205) plans to raise its prices for synthetic rubber and synthetic latex beginning with July 1 deliveries. The price of ESBR synthetic rubber is to be increased by 20 yen ($0.15) per kilogram; BR, by 35 yen; NBR and PB, each by 50 yen; and ECO, by 90 yen. The CM price will be revised in accordance with...
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Zeon Corp. (TYO:4205) has decided to increase its production capacity for LiB materials. The synthetic rubber and chemicals manufacturer plans here for new production facilities to be built under Thai subsidiary Zeon Chemicals Asia Co. Ltd., with production of battery binders – a mainstay part of Zeon’s battery materials business – set to begin here in 2024. Zeon’s medium-term business...
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Zeon Corp. (TYO:4205) recently announced that it has had four of its domestic production bases – the Takaoka Plant, Himi Futagami Plant, Tsuruga Plant and Tokuyama Plant – switch their energy procurement over to 100 percent renewable energy as of April 1. Further, the company has agreed to the purchase of carbon-neutral LNG at its Takaoka Plant, as well as...
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