Zeon Corp. (TYO:4205) is looking to boost production capacity for its Zetpol series of hydrogenated nitrile rubber (HNBR). Plans here are to remove bottlenecks from the production facilities of Zeon’s Takaoka Plant in Toyama. This is set to provide a roughly 10 percent capacity increase to the plant’s 4,000-ton annual capacity. Efforts toward this end will begin this autumn, when...
Dow Chemical Japan Ltd. has raised its prices on functional chemical products, starting with supply on March 20. Ethanolamines and ethyleneamines from the company are up by 50 yen ($0.42) per kilogram; propylene glycol ethers by 35 yen per kilogram, or 40 yen for electronic material grades; isopropanolamines, ethylene glycol ethers, functional glycol ethers, propionic acid, alcohols and esters by...
Tosoh Corp. (TYO:4042) has announced that it is set to raise prices on all of its polyethylene products by at least 40 yen ($0.34) per kilogram starting with shipments supplied from April 1 onward. The price hike will apply to Petrothene, a low-density polyethylene (LDPE) product; Nipolon-L and Nipolon-Z, both linear low-density polyethylene (LLDPE) products; Lumitac, an ultralow-density polyethylene (ULDPE)...
Tokai Carbon Co. Ltd. (TYO:5301) has unveiled T-2024, a rolling medium-term management plan for 2022–2024. Under this new plan, the major carbon black manufacturer has set a 2030 long-term vision in which it looks to “contribute to a sustainable society through advanced materials and solutions.” As for financial targets for 2024, the company aims through the plan to reach 356...
Tokai Carbon Co. Ltd. (TYO:5301) has posted its full-year business results for 2021, revealing a significant improvement from the previous year. Company-wide sales reached 258.87 billion yen ($2.24 billion), up 28.4 percent year-on-year; operating income was 24.65 billion yen, up 213.6 percent; ordinary income was 24.77 billion yen, up 295.5 percent; and net income was 16.11 billion yen, up from...
Sumitomo Riko Co. Ltd. (TYO:5191) has posted its financial results for the first three quarters of fiscal 2021, revealing sales of 321.5 billion yen ($2.79 million), up by 13.3 percent year-on-year; 1.12 billion yen of business profit, up by 66.4 percent; and a net loss of 4.64 billion yen, improved from a loss of 7.26 billion yen in the same...
