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...
Shin-Etsu Polymer Co. Ltd. (TYO:7970) recently reported its business results for fiscal 2021. This included net sales of 92.64 billion yen ($710 million), up 20.5 percent year-on-year; operating income of 9.73 billion yen, up 34.8 percent; ordinary income of 10.13 billion yen, up 44.3 percent; and net profit of 6.31 billion yen, up 39 percent. Among the silicone rubber molding...
Zeon Corp. (TYO:4205) has decided to increase its production capacity for LiB materials. The synthetic rubber and chemicals manufacturer plans here for new production facilities to be built under Thai subsidiary Zeon Chemicals Asia Co. Ltd., with production of battery binders – a mainstay part of Zeon’s battery materials business – set to begin here in 2024. Zeon’s medium-term business...
Eneos Materials Corp. is set to raise its prices on elastomer and latex products starting with June 1 deliveries. Starting with a look at products from Eneos Materials itself, prices will rise by at least 20 yen ($0.15) per kilogram on emulsion-polymerized styrene–butadiene rubber (E-SBR), nitrile rubber (NBR), butadiene rubber (BR), the company’s RB line, high-styrene rubber (HSR) and nitrile...
Tokai Carbon Co. Ltd. (TYO:5301) has clarified its plans for pursuing sustainable efforts in the form of tire waste recycling. In a broad sense, Japan’s largest manufacturer of carbon black noted two key ways in which the industry can contribute to the recycling of used tires. The first of these, the company said, is the production of recycled carbon, while...
Shin-Etsu Chemical Co. Ltd. (TYO:4063) announced on April 11 that it will be raising domestic and overseas prices alike for all of its silicone products. Prices here are set to rise by 10 percent, with the change applying to shipments for May onward. Explaining its decision here, the major silicone rubber products manufacturer noted that silicon metal – the key...
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