On Nov. 29, Lanxess Japan President and Representative Director Jacques Perez gave a business update at the Shin-Marunouchi Building Conference Square. For the first nine months of 2022, Lanxess reported net sales of 6.12 billion euros ($6.45 billion), up 38 percent year-on-year, and EBITDA of €755 million, up 17 percent. With regard to the forecast for 2022, the company says...
Zeon announced on Nov. 30 that it will in the U.S. increase its production capacity of Zetpol, a hydrogenated nitrile rubber (HNBR). Construction will begin in November, with production scheduled to start in January 2025. The company has been strengthening its Zetpol supply system in recent years by increasing production capacity at its Texas plant in 2020 and its Takaoka...
Bando Chemical’s first half (April-September) results (IFRS) showed revenue of 52.2 billion yen ($378.70 million), up 13.1 percent year-on-year; and core operating profit of 3.65 billion yen, down 16.6 percent. Sales of products remained strong despite the lingering impact of the coronavirus pandemic. Sales also increased due to the weaker yen. On the other hand, the cost of sales ratio...
Asahi Kasei has begun in November selling solution-polymerized styrene-butadiene rubber (SSBR) and butadiene rubber (BR) using the mass balance method. In October, the company’s Synthetic Rubber Division obtained ISCC PLUS certification. Asahi Kasei Synthetic Rubber Singapore has already obtained this certification, and together with the synthetic rubber plant at the Kawasaki Plant, the company has decided to sell its products...
sMitsui Chemicals has recently acquired for new ISCC PLUS certifications, an international certification system for sustainable products. This is part of the company’s move to continue acquiring such certifications with the aim to expand social implementation of biomass products based on the mass balance method. Products for which ISCC PLUS certification will be newly available: Product: Ammonia, Product name: Ammonia, Main applications:...
Tokai Carbon’s results for the first nine months (January-September) of the fiscal year ending December 31, 2022, showed net sales of 246.33 billion yen ($1.76 billion), up 33.1 percent year-on-year; operating income of 28.02 billion yen, up 58.6 percent; ordinary income of 32.13 billion yen, up 83.1 percent; and net income of 16.12 billion yen, up 68.6 percent. In the...
