JSR Corp. (TYO:4185) has announced its earnings forecast for fiscal 2021. The synthetic rubber manufacturer projects that it will be able to generate 468 billion yen ($4.28 billion) in sales revenue, up 4.8 percent year-on-year; 53 billion yen in core operating profit, up 104.1 percent; and 32 billion yen in net profit, a major turnaround from the 55.2 billion yen...
Lanxess KK, the Japanese arm of German chemicals manufacturer Lanxess AG, held an online press conference on April 9 in which President Taiga Harigai presented the firm’s activity plans for fiscal 2021. Based on these plans, Lanxess aims to focus its efforts on three fields in particular: consumer protection, new mobility and additives. More broadly, Harigai noted that the company...
Tokai Carbon Co. Ltd. (TYO:5301) announced on April 12 that it will be implementing a price hike on shipments of all carbon black grades from its domestic Japanese plants, including export shipments. The price increase is set to come to 26.8 yen ($0.25) per kilogram, which will be put into effect starting with shipments made on May 1. Explaining its...
Dow Chemical Japan Ltd. has announced that it will be raising the prices of its propylene glycol ether solution products by at least 40 yen ($0.37) per kilogram starting May 1. Explaining its reasoning here, Dow Chemical Japan noted that costs are continuing to rise for propylene glycol raw materials, including not only propylene oxide but also acetic acid and...
Global latex adhesive and synthetic rubber manufacturer Trinseo SA has acquired mass balance certification from the body of International Sustainability & Carbon Certification (ISCC), a system for certifying sustainability. Trinseo has received certification for three materials: styrene–butadiene rubber (SBR) manufactured in Schkopau, Germany; polyethylene manufactured in Tessenderlo, Belgium; and polycarbonate manufactured in Stade, Germany. This is the world’s first instance...
Ube Industries Ltd. (TYO:4208) recently announced that it is raising prices by 65 yen ($0.59) per kilogram for its Ube Nylon 6 resin products, and by 50 yen per kilogram for its Ube Nylon 12 resin products. With this price hike coming into effect on April 1, the company has started negotiations with its customers. This marks Ube Industries’ first...
Signup today for free.
You will receive a weekly or daily roundup on what has been published and will be up to date on special offers.
Please make sure to select your preferred sending frequency!
Note: We save your entered data to send the newsletter. You can always easily unsubscribe. More information on data handling: Privacy Policy.
Close window
