Tosoh will raise the price of sodium hypochlorite by more than 10 yen ($0.07) for shipments from September 11. The products subject to the price increase and the price increase range are 10 yen or more per kilogram for lorry shipments and 20 yen or more per kilogram for Tosoh Cube. The move comes as utility costs and other costs...
Materials
Ube Posts Year-on-Year Drop to Sales Revenue, Butadiene Rubber Profits
Butadiene rubber (BR) manufacturer Ube has posted its results for the first quarter of fiscal 2022. The company’s sales revenue came to 116.18 billion yen ($871.79 million), down 20.6 percent from the same quarter last year; operating profit was 4.36 billion yen, down 51.1 percent; ordinary profit was 2.3 billion yen, down 74.3 percent; and net profit was 5.74 billion...
Tosoh Maintains Steady Chloroprene Rubber Results Year-on-Year
Chemical company Tosoh has posted its results for the first quarter of fiscal 2022, revealing sales revenue of 252.33 billion yen ($1.87 billion), up 25.4 percent year-on-year; operating income of 30.31 billion yen, up 0.5 percent; ordinary income of 43.62 billion yen, up 35.9 percent; and net income of 28.44 billion yen, up 31 percent. Each of these figures represents...
Asahi Carbon Raises Price of Carbon Black Effective August 1
Asahi Carbon said that it has raised the price of all carbon black products for rubber by 46.3 yen ($0.34) per kilogram for deliveries from August 1. The company said that oil market conditions continue to be tight and that the price of the carbon black feedstock oil continues to rise due to deteriorating global conditions and the weakening of...
Zeon Posts Q1 Results, Elastomer Materials Business Up 10%
Specialty rubber manufacturer Zeon reported net sales of 97.756 billion yen ($737.444 million) for the first quarter (April-June) of the fiscal year ending March 2023, up 11.9 percent year-on-year. Operating income was 10.726 billion yen, down 22.6 percent, ordinary income was 12.940 billion yen, down 12.7 percent, and net income was 8.706 billion yen, down 13.4 percent. In the elastomer...
Toyoda Gosei Accelerates Development of Digital Talent
Toyoda Gosei will accelerate the development of digital talent to respond to changes in the automotive industry environment and achieve sustainable growth in the future. The company has established a target to increase the number of standard-level digital talent, the core of its operations, to 270 by 2025 and 400 by 2030. In addition to recruiting digital talent from outside...