Resonac announced that it will raise the Japanese domestic sales price of chlorinated polyethylene, a type of synthetic resin sold under the brand name Elaslen, for deliveries on April 1. The products subject to the price increase and the price increase range are 45 yen ($0.30) or more per kilogram for Elaslen powder and 55 yen or more per kilogram...
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...
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