Kuraray recently held an opening ceremony at its new isoprene-related business plant in Thailand to mark the start of operations. The new plant was constructed in the WHA Eastern Industrial Park within the petrochemical complex in Map Ta Phut, Rayong Province, and has been in operation since February. Established by Kuraray GC Advanced Materials and Kuraray Advanced Chemicals (Thailand), the...
Toyoda Gosei reported sales revenue of 951.87 billion yen ($7.05 billion), up 14.7% year-on-year, operating profit of 35.06 billion yen, up 2.6%, and net profit of 16 billion yen, down 31.5% in the fiscal year ended March 31, 2023 (IFRS). The factors contributing to the increase in operating income were rationalization of 17.5 billion yen, foreign exchange of 7.1 billion...
On April 18, Sumitomo Rubber unveiled a tire manufacturing system that utilizes hydrogen energy and is being tested at the company’s Shirakawa Plant in Fukushima Prefecture. The verification experiment has been adopted as a project subsidized by the New Energy and Industrial Technology Development Organization (NEDO). At a press conference held on the same day, Sumitomo Rubber president Satoru Yamamoto...
Denka has announced a price increase of more than 30 yen ($0.22) per kilogram for ABS resin, Denka IP, Denka Transparent Polymers and Clearen, effective from May 1 deliveries. The products affected are Denka AS, Denka ABS, Denka chemical resistance ABS SR series, Denka ABS compounds glass-fibre reinforced, sliding, PC alloy, among others, Denka heat-resistant ABS Malecca, Denka IP, Denka...
Kuraray Plastics has revamped its organizational structure in 2023, shifting from a business unit structure to a cross-functional organization. The new setup consists of a Sales Division, Production Technology Division, and Product Development Division. The Sales Division now comprises five sales departments, including Rubber & Chemicals, Housing Materials, Film & Sheet, Earneston, and New Market Development. The transition to a...
Carbon black manufacturer Asahi Carbon has acquired ISCC PLUS, an international certification system for sustainable products, and plans to start producing from August carbon black using recycled oil as raw material. Carbon black is a carbon material used for rubber reinforcement, coloring, and conductivity, and most of it is produced using petrochemical-derived raw material oil. As efforts to contribute to...
