Asahi Kasei’s synthetic rubber business for the fiscal year ending this March achieved its full-year operating income forecast, despite difficult conditions in the first half amid economic risks in China. This came as sales remained strong in the second half, especially for SSBR for tires, and the weaker yen also helped boost results. On the other hand, sales of BR,...
Zeon’s elastomer materials business division posted sales of 215.29 billion yen ($1.36 billion), down 3.1% year-on-year, and operating profit of 6.64 billion yen, down 34.8%, in the fiscal year ending March 31, 2024. Synthetic rubber sales and profits were up, and, in addition to a generally normal recovery in Japanese domestic demand from the second half of the year, the...
Tokyo Zairyo’s business results for the fiscal year ended March 31, 2024, showed sales of 51.85 billion yen ($322.24 million), down 4.1% from the previous year; ordinary income of 2.49 billion yen, down 3.2%; and net income of 1.80 billion yen, down 5.4%. In an environment of global recession concerns, geopolitical risks, and a shift to electrification in the automotive...
Togawa Industry will raise the prices of all of its products, including plastic hoses, beginning with deliveries on July 21. Prices for general-purpose catalog products will be increased by 20% or more for PVC tubing and pressure-resistant and non-PVC pressure-resistant products, and by 10% or more for drain hoses and other products. The company said, “Since the price revisions were...
Shin-Etsu Chemical announced that it will raise the prices of all silicone products handled by its Silicone Division in Japan and overseas by more than 10% beginning with shipments on July 1. Regarding the price increase, Shin-Etsu Chemical said, “the silicone product environment is characterized by rising costs for raw materials and energy used in manufacturing, as well as rising...
In April 2023, Zeon has set the Zeon Health Action Index as a company-wide KPI to promote physical health. The company established three health behavior indicators: having an exercise habit (exercise for 30 minutes or more twice a week for at least one year), having a BMI within the standard range (18.5 to 24.9), and not smoking cigarettes. Of the...
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