Tosoh’s chloroprene rubber (CR) business in the first half of fiscal 2024 (April-September) posted higher sales and profits on the back of positive overall sales volume. Although Japanese domestic sales increased slightly, exports grew and drove overall sales, while production remained at high capacity. “Dry bulk carriers were worse than expected in 2023, but after bottoming out in July-September and...
Materials
Special Feature on Current Status of Synthetic Rubber: Zeon
In the first half (April-September) of fiscal 2024, Zeon’s elastomer materials division posted sales of 120.65 billion yen ($764.68 million), up 15.2% year-on-year, and operating profit of 6.01 billion yen, up 65.0%. Synthetic rubber shipments were up 1%. In general-purpose synthetic rubber, sales of solution-polymerized styrene-butadiene rubber (S-SBR) were strong as demand recovered. Meanwhile, emulsion-polymerized styrene-butadiene rubber (E-SBR) and butadiene...
Resonac Sees Significant Recovery in Semiconductor and Electronics Materials
Resonac Holdings announced for the first nine months (January-September) of the current fiscal year net sales of 1.028 trillion yen ($6.65 bilion), up 9.0% year-on-year, operating income of 58.89 billion yen (4.39 billion yen loss in the same period of the previous year), ordinary income of 46.5 billion yen (7.15 billion yen loss in the same period of the previous...
Sumitomo Rubber Posts Record Revenues and Business Profit: 9M Results
Sumitomo Rubber reported its results for the nine months (January-September) of the fiscal year ending December 31, 2024, with sales revenue of 874.94 billion yen ($5.64 billion), up 2.8% year-on-year; business profit of 61.51 billion yen, up 46.6%; and net income of 4.05 billion yen, down 85.1%. Sales revenue and business profit reached record highs for the same period. Net...
Tosoh Posts First Half Results, Chloroprene Rubber Sales Up
Tosoh reported for the first half (April-September) of the fiscal year ending March 31, 2025, net sales of 527.62 billion yen ($3.43 billion), up 8.6% year-on-year; operating income of 47.39 billion yen, up 47.6%; ordinary income of 45.11 billion yen, up 1.6%; and net income of 24.94 billion yen, down 6.6%. Among the segments, the petrochemical business posted sales of...
Ube Says Sales up, Profits Down in First Half
Ube announced its business results for the first half (April-September) of the fiscal year ending March 2025, with net sales of 243.04 billion yen ($1.58 billion), up 11.4% year-on-year; operating income of 6.05 billion yen, up 15.9%; ordinary income of 1,90 billion yen, down 83.2%; and net income of 318 million yen, down 96.5%. Sales in the Resins & Plastics...