Zeon Corp. (TYO:4205) recently announced SZ-20 Phase III, a new medium-term management plan covering the four fiscal years from 2017 to 2020. The plan sets a target for consolidated net sales of at least 500 billion yen ($4.47 billion) in fiscal 2020. Zeon expects that two businesses, elastomers and advanced functional materials, will each account for 250 billion yen of...
Shin-Etsu Polymer (TYO:7970) recently gave details of its business performance for the fiscal year ending March 2017. The company, which manufactures products for silicone rubber molding and value-added resin treatment, made 73,979,000,000 yen ($663.79 million) in sales, down 1.4 percent from last year; 5,511,000,000 yen in operating profit, up 34.4 percent; 5,934,000,000 yen in ordinary profit, up 30.9 percent; and...
Du Pont-Toray Co. Ltd. has established the Kevlar Technical Center, a technical facility for Kevlar aramid fiber used in tires and rubber. The center is located within Toray Industries Inc.’s (TYO:3402) Tokai Plant. For the first year of operation, the center has been outfitted with such equipment as state-of-the-art dipping machines to deal with consecutive double dipping and heat treatment...
Yokohama Rubber Co. Ltd. (TYO:5101) has built Ciento Musashi-Kosugi, a new employee housing complex in Kawasaki, Kanagawa Prefecture. Accepting residents from the end of March, the facility is a new type of complex that combines company-owned housing for families with male and female dormitories. Yokohama Rubber built Ciento Musashi-Kosugi by renovating the company’s male dormitory, which was constructed in 1968....
ZS Elastomers Co. Ltd. (ZSE), a solution styrene-butadiene rubber (S-SBR) joint venture between Zeon Corp. (TYO:4205) and Sumitomo Chemical Co. Ltd. (TYO:4005), will soon begin operations. Japan Rubber Weekly sat down with ZSE President Kei Itoh, temporarily assigned from Zeon, to talk about the company’s aims. Looking at the developments to come out of Zeon, Itoh said that it was...
Sumitomo Rubber Industries Ltd. (TYO:5110) will award a total of 7.85 million yen ($70,909) to 35 organizations through its corporate social responsibility (CSR) charitable aid program for fiscal 2017. Sumitomo Rubber’s CSR fund management chairperson presented donation certificates to nine organizations from Japan’s Kansai region at a presentation ceremony held at the company’s Kobe headquarters on April 5. Similar ceremonies...
