Zeon Corp. (TYO:4205) President Kimiaki Tanaka recently expressed very high hopes for fiscal 2022 as a year for the company to take its next step forward. Beyond just business expansion, the company intends to use the year to pursue efforts such as the formulation of a master plan for reaching carbon neutrality by 2050. Giving his broad outlook for Zeon...
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Zeon’s Elastomer Business Posts Year-on-Year Surge in Operating Income
Zeon Corp. (TYO:4205) has posted its financial results for the first half of fiscal 2021, revealing a sizable recovery from the same period last year. Results here included 179.08 billion yen ($1.57 billion) in sales revenue, up 30.3 percent year-on-year; 24.95 billion yen in operating income, up 151.7 percent; 26.58 billion yen in ordinary income, up 143 percent; and 18.39...
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Zeon Launches Commercial Production of Acrylic Rubber in Thailand
Zeon Corp. (TYO:4205) subsidiary Zeon Chemicals Asia Co. Ltd. recently launched commercial production of acrylic rubber at a base in Rayong Province, Thailand. The Zeon Group has to date carried out its acrylic rubber production across three bases, these being located in Kawasaki and Kurashiki, Japan, and one in the U.S. By now adding commercial production in Thailand as well,...
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Zeon Posts Sales Decline for Elastomer Business in FY2020 Results
Zeon Corp. (TYO:4205) has posted its business results for fiscal 2020, revealing sales revenue of 301.96 billion yen ($2.77 billion), down 6.2 percent year on year, and an operating income of 33.41 billion yen, up 28 percent. Speaking at the results briefing, company director Kazuyoshi Matsuura said that with customer industries having made a recovery in recent months, the January–April...
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Riken, Yokohama Rubber and Zeon Develop Technology for Bio-Production of Butadiene
The Bio-monomer Production Laboratory has developed a new, world-first technology able to efficiently create butadiene from biomass. Consisting of members from Riken, Yokohama Rubber Co. Ltd. (TYO:5101) and Zeon Corp. (TYO:4205), the research team has then succeeded at using butadiene created with this technology to produce butadiene rubber. At present, butadiene is produced industrially from fossil resources such as petroleum....
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Zeon Uses Single-Walled CNTs to Develop Conductive Silicone Rubber With Medical Applications
Zeon Corp. (TYO:4205) has used single-walled carbon nanotubes (CNTs) to develop a masterbatch that significantly improves the conductivity of silicone rubber. Compounds using this new masterbatch are being targeted toward use in medical equipment that can help limit the symptoms of Parkinson’s disease and similar conditions. Zeon is pursuing joint research here alongside Novation Solutions LLC (NovationSi), a U.S.-based manufacturer...
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