Zeon will begin full-scale development of a new grade of AFL adhesive slurry for separator coating in its battery materials business as part of its efforts to expand its lineup of environmentally friendly products. The company has been globally marketing anode binder, cathode binder, heat-resistant binder for separator coating, and AFL adhesive slurry for separator coating for lithium-ion batteries, and...
In the first quarter of the fiscal year ending March 31, 2024 (April-June 2023), chemical and rubber manufacturer Denka’s sales fell 6.9% year-on-year to 87.82 billion yen ($603.63 million), operating income fell 43.0% to 2.79 billion yen, ordinary income fell 53.7% to 2.38 billion yen, and net income fell 47.1% to 2.29 billion yen. By segment, the Elastomers & Infrastructure...
Seal manufacturer Valqua’s first quarter (April-June 2023) results showed sales of 15.48 billion yen ($106.95 million), up 8.6% year-on-year; operating income of 2.0 billion yen, down 2.2%; ordinary income of 2.11 billion yen, down 4.1%; and net income of 1.38 billion yen, down 7.2%. By segment, the sealing products business posted sales of 9.81 billion yen, up 2.4%, and operating...
Toyoda Gosei posted a 23.8% increase in revenue to 259.32 billion yen ($1.8 billion) in the first quarter (April-June 2023) of the fiscal year ending March 31, 2024. The company further increased operating income by 421.4% to 16.38 billion yen, and net income by 344.0% to 11.61 billion yen. By segment, sales revenue in Japan increased 23.7% to 107 billion...
Mitsui Chemicals has broken ground for a new Tafmer high-performance elastomer plant at Mitsui Elastomers Singapore, its wholly owned subsidiary in Singapore. The new plant will be located on Jurong Island, Singapore, with an annual production capacity of 120,000 tons (existing facility capacity: 225,000 tons per year), and is scheduled for completion during fiscal 2024. In its long-term management plan...
Dow Chemical Japan is raising the prices of solvents and amines effective for deliveries from today. The price increase applies to ethanolamine, ethylene amine, and ethylene glycol ether solvents, and will be 15 yen ($0.11) per kilogram. The company states that the price increase was decided in order to maintain supply to Japanese domestic customers amid a tightening global supply-demand...
