Kawaguchi Chemical, a manufacturer of rubber chemicals and other chemical products, reported a 3.6% year-on-year increase in net sales to 8.92 billion yen ($57.32 million), a 6.8% rise in operating income to 378 million yen, a 13.3% rise in ordinary income to 390 million yen, and a 31.6% rise in net income to 336 million yen in the fiscal year...
Sumitomo Riko held last December a ceremony to mark the completion of a new chemical engineering plant at its Komaki Plant in Aichi Prefecture. The new plant will have an investment of approximately 2.7 billion yen ($17.34 million), with a construction area of 5,207 square meters and a total floor area of 6,661 square meters, for a total area of...
Sumitomo Riko recently renovated the showroom in Technopia, a technical research laboratory located in Komaki Head Office and Works in Komaki City, Aichi Prefecture. Technopia was completed in July 2008 to provide the development environment and development area for molecular design, cleanliness, precision processing, among others, necessary for Sumitomo Riko to continue to make great strides and grow for the...
Denka’s chloroprene rubber (CR) business in the first half (April-September) of fiscal 2024 “did not recover as much as expected due to the impact of the global economic downturn on sales for automotive parts and general industrial products,” the company said. Although overall conditions were harsh, inquiries for latex for gloves increased from the latter half of the first half of...
Asahi Kasei’s synthetic rubber business posted higher sales and profits in the first half (April-September) of fiscal 2024, exceeding the company’s plan. In addition to generally firm sales volumes, a favorable turnaround in the external environment, including a weaker yen and high butadiene market prices, also contributed to the increase in sales and profit. Solution-polymerized styrene-butadiene rubber (S-SBR) sales, mainly...
Osaka Soda’s synthetic rubber business posted higher sales and profits in the first half (April-September) of fiscal 2024. Although automobile production, the main source of demand, was sluggish, the company benefited from a generally high export ratio and a tailwind from the weak yen and other factors. The epichlorohydrin rubber (ECO) business was affected by the decline in production volume...
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