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Zeon Launches Prototype Outsourcing Service for Polymer Products

on May 29, 2017 in Materials

Zeon Corp. (TYO:4205) has launched a prototype outsourcing service focused on molding microfluidic chip products using the company’s transparent thermoplastic cyclo-olefin polymers, Zeonex and Zeonor. Microfluidic chip products are used in drug design as well as in the medical examination and diagnosis fields, markets which are rapidly growing in advanced countries due to aging populations and an increased emphasis on...

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Ube Industries Aims to Start Full Operations of Malaysian BR Joint Venture This Year

on May 24, 2017 in Materials

Ube Industries Ltd.’s (TYO:4208) butadiene rubber (BR) joint venture factory in Malaysia, Lotte Ube Synthetic Rubber Sdn. Bhd. (LUSR), expects to start fully operating in the second half of the current fiscal year. Synthetic rubber is one of the business areas designated for aggressive expansion in Change & Challenge 2018, Ube Industries’ three-year medium-term business plan launched in fiscal 2016....

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Osaka Soda Sees Revenue Decline Despite Sales Spike for Epichlorohydrin Rubber

on May 23, 2017 in Materials

Chemicals manufacturer Osaka Soda Co. Ltd. (TYO:4046) has released its business results for the fiscal year ending in March 2017. The company saw sales of 93.59 billion yen ($840.94 million), a year-on-year decrease of 8.4 percent; operating profit of 6.59 billion yen, an increase of 2.2 percent; ordinary income of 6.54 billion yen, an increase of 1.5 percent; and net...

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Toyoda Gosei Enters Into Exclusive e-Rubber Licensing Agreement

on May 22, 2017 in Innovation, Materials

Toyoda Gosei Co. Ltd. (TYO:7282) and Advanced Softmaterials Inc. have concluded an exclusive licensing agreement for the use and sales of Slide-Ring Material, a key material for e-Rubber. The agreement is limited to applications of the material in dielectric actuators and dielectric sensors. Advanced Softmaterials, which was established in 2005 with the aim of commercializing the Slide-Ring Material developed at...

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Ube Industries Announces Results for Fiscal 2016, Butadiene Rubber Profit Down Despite Strong Sales

on May 17, 2017 in Materials

Ube Industries Ltd. (TYO:4208) has released its business results for the fiscal year ending March 2017. The company saw sales of 616.56 billion yen ($5.44 billion), a year-on-year decrease of 3.9 percent; operating profit was down at 34.96 billion yen, a 15.6-percent decline; ordinary income dropped to 33.35 billion yen, a 15.8-percent decline; and net profits rose to 24.19 billion...

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NOK Seal Business Performs Well Amid Otherwise Declining Sales, Profits

on May 16, 2017 in Materials

NOK Corp. (TYO:7240), a major manufacturer of oil seals, posted sales of around 713,138,000,000 yen ($6.29 billion) for the fiscal year ending March 2017, representing a year-on-year decline of 4.4 percent. Meanwhile, operating profit was down 17.6 percent year-on-year to 39,776,000,000 yen, ordinary income dropped 14.9 percent to 45.79 billion yen, and net income for the year fell 9.1 percent...

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