Materials

Bando Chemical Sees Sales Revenue Rise 15.2% for FY2021

Bando Chemical Industries Ltd. has released its business results for fiscal 2021, revealing growth in both revenue and income. The company’s sales revenue reached 93.74 billion yen, up 15.2 percent year-on-year; and its core operating income came to 5.88 billion yen, up 19.1 percent. Taking a deeper look at the results, Bando Chemical’s auto parts business saw its sales revenue...

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Lanxess Exhibits Rhenoshape Vulcanization Bladders

Lanxess AG exhibited at the Tire Technology Expo that was held in Hanover, Germany, over May 18–20. The company took the opportunity to show off a range of products, including its highly versatile and sustainable vulcanization bladders for tire production. Specifically on display here were permanently coated vulcanization bladders under Lanxess’s Rhenotype brand. These bladders not only provide a long...

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Dow Chemical Adds Sustainable Brand to Polyolefin Elastomer Lineup

Dow Chemical Co. has added the sustainable brand Engage Ren to its Engage series of polyolefin elastomers. Engage Ren is manufactured using plant-derived raw materials – such as waste cooking oil – and renewable energy. Since it uses only waste residues and by-products from alternative production processes, it consumes no extra resources and does not compete with the food chain....

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Asahi Kasei Achieves Increases in Income and Profit for FY2022

Asahi Kasei Corp. (TYO:3407) has reported its business performance for the fiscal year ended March 2022. The company posted net sales of 2.46 trillion yen ($19.21 billion), up 16.9 percent year-on-year; operating income of 202.647 billion yen, up 17.9 percent; ordinary income of 212.052 billion yen, up 19.1 percent; and net profit of 161.88 billion yen, up 102.9 percent. Performance...

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Denka Posts 8.6% Year-on-Year Sales Increase for FY2021 as Demand for Chloroprene Rubber Recovers

Denka Co. Ltd. (TYO:4061) has posted sales revenue of 384.85 billion yen ($3.02 billion) for fiscal 2021, up 8.6 percent year-on-year; an operating income of 40.12 billion yen, up 15.5 percent; ordinary income of 36.47 billion yen, up 13.5 percent; and net income of 2.01 billion yen, up 14.2 percent. Each of these figures mark new record highs for the...

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Tokai Carbon Posts 94.7% Profit Growth for First Quarter of Calendar 2022

Japanese carbon black giant Tokai Carbon Co. Ltd. (TYO:5301) has posted strong results for the first quarter of calendar 2022. This includes sales revenue of 69.51 billion yen, up 28.8 percent year-on-year; operating income of 7.94 billion yen, up 94.7 percent; ordinary income of 8.41 billion yen, up by 110.2 percent; and net income of 4.04 billion yen, up by...

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