Denka’s chloroprene rubber (CR) business in the first half (April-September) of fiscal 2024 “did not recover as much as expected due to the impact of the global economic downturn on sales for automotive parts and general industrial products,” the company said. Although overall conditions were harsh, inquiries for latex for gloves increased from the latter half of the first half of...
Asahi Kasei’s synthetic rubber business posted higher sales and profits in the first half (April-September) of fiscal 2024, exceeding the company’s plan. In addition to generally firm sales volumes, a favorable turnaround in the external environment, including a weaker yen and high butadiene market prices, also contributed to the increase in sales and profit. Solution-polymerized styrene-butadiene rubber (S-SBR) sales, mainly...
Osaka Soda’s synthetic rubber business posted higher sales and profits in the first half (April-September) of fiscal 2024. Although automobile production, the main source of demand, was sluggish, the company benefited from a generally high export ratio and a tailwind from the weak yen and other factors. The epichlorohydrin rubber (ECO) business was affected by the decline in production volume...
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...
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 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...
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