Toyoda Gosei Co. Ltd. (TYO:7282) has posted its business results for April–June, revealing a significant improvement from the same quarter last year. The company’s sales revenue was up 82.6 percent year-on-year to 203.12 billion yen ($1.86 billion); operating profit, meanwhile, improved from a loss of 9.81 billion yen to a profit of 11.26 billion yen, with net profit similarly up...
Toyoda Gosei Co. Ltd. (TYO:7282) has switched over to getting all of its energy from renewables at three locations across Japan, making the shift here at its World Headquarters, its Inabe Plant and its Miyoshi Distribution Center. Toyoda Gosei has already been cutting down on its overall energy use via a number of energy-saving initiatives. This has seen the company...
Shin-Etsu Chemical Co. Ltd. (TYO:4063) is looking to invest a total of 20 billion yen ($181.1 million) into its silicone business to cut down on CO2 emissions. Half of this total will go toward improving manufacturing processes, while the other half will be used as capital investments to bolster production capacity for eco-friendly products. For its efforts on the manufacturing...
Tokyo Zairyo Co. Ltd. has posted its business results for fiscal 2020, showing a hit to its performance across the board. Sales revenue for the raw materials-focused trading firm fell 10.4 percent year-on-year to 77.7 billion yen ($699.65 million), while ordinary profit fell 27.2 percent to 1.9 billion yen and net profit fell 35.5 percent to 1.35 billion yen. In...
Asahi Kasei Corp. (TYO:3407) saw operations slump for its solution-polymerized styrene–butadiene rubber (S-SBR) and butadiene rubber (BR) last fiscal year, with COVID-19 making its impact felt on the sector. Both of these products, however, started to show a significant sales recovery starting last summer. On the back of this recovery, Asahi Kasei’s aim coming into fiscal 2021 has been to...
Kato Sansho Co. Ltd. has worked with Ichinen Chemicals Co. Ltd. to develop One Bio, a series of biomass additives derived from plants. One Bio B-001 is an 80 percent plant-derived additive that can be simply mixed with polyethylene (PE) and polypropylene (PP) – materials which make up around half of Japan’s plastics market – to raise the biomass content...
