Zeon Trading (Shanghai), a wholly owned subsidiary of Zeon Corporation, has agreed with Zhuhai Chenyu New Materials Technology (Chenyu), an affiliate of Shanghai Energy New Materials Technology (Semcorp), to establish Shanghai Chenon New Materials Technology, a joint venture to sell binders for negative electrodes used in lithium ion batteries. The investment ratio is 51% by Chenyu and 49% by Zeon...
Lanxess has announced the launch of a new anti-aging agent, Vulcanox HS Scope Blue, which contributes to improved tire durability. The product is a highly sustainable addition to the proven Vulcanox HS (TMQ) line of anti-aging agents, which effectively protects tires against oxidative and thermal degradation, and is characterized by low volatility and elution resistance. The use of renewable energy...
Tsurumi Chemical will raise the prices of all sulfur products for shipments on April 1. The price increase is 8 yen ($0.05) per kilogram for soluble sulfur and 3 yen per kilogram for insoluble sulfur. “In addition to an increase in procurement costs due to a change in suppliers following the withdrawal of our main raw material supplier from business,...
Resonac reported sales of 1.39 trillion yen ($9.31 billion), up 7.8% from the previous year, operating income of 78.75 billion yen (compared with a loss of 3,76 billion yen in the previous year), ordinary income of 69.69 billion yen (compared with a loss of 14.77 billion yen), and net income of 55.42 billion yen (compared with a loss of 18.96...
Kuraray reported net sales of 826.90 billion yen ($5.53 billion) for the fiscal year ended December 31, 2024, up 5.9% from the previous year; operating income of 85.08 billion yen, up 12.7%; ordinary income of 81.48 billion yen, up 18.0%; and net income of 31.72 billion yen, down 25.3%. Sales reached a record high. The isoprene segment posted sales of...
Tokai Carbon reported a 3.8% year-on-year decline in sales to 350.12 billion yen ($2.34 billion), a 49.9% drop in operating income to 19.39 billion yen, a 45.7% drop in ordinary income to 22.58 billion yen, and a net loss of 56.73 billion yen for the fiscal year ended December 31, 2024. The net loss followed a net income of 25.47...
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