Tokai Carbon Co. Ltd. (TYO:5301) has increased the price of its carbon black products by 3 yen per kilogram. The change was implemented for deliveries beginning Nov. 1, applying to all varieties of carbon black. A release from the company stated that the price of raw oil used in carbon black has been rising incrementally since bottoming out at the...
JSR Corp. (TYO:4185) has seen an improvement in the sales of its solution styrene butadiene rubber (S-SBR), with sales volume in the second quarter (July–September) of fiscal 2016 rising around 15 percent over that of the same quarter last year. While the company’s elastomer division has seen a second-quarter fall in revenue and profit on account of a strong yen...
Japan’s import volume of natural rubber in August increased 8.8 percent year-on-year, while the import value decreased 19 percent year-on-year, according to data compiled by The Rubber Trade Association of Japan based on the Ministry of Finance’s Trade Statistics of Japan. This represents the first year-on-year increase in six months for import volume, but the 11th consecutive month of year-on-year...
Major Japanese synthetic rubber manufaturer JSR Corp. (TYO:4185) has downwardly revised its projected business results for fiscal 2016. Projected sales were adjusted to 367 billion yen ($3.51 billion), down 7.1 percent from 395 billion yen in the previous forecast. Operating income was revised to 26 billion yen, down 25.7 percent from 35 billion yen, while ordinary income is now projected...
Toyoda Gosei Co. Ltd. (TYO:7282) has developed material technology for rubber that easily regains its shape even after applications of force over long periods of time at high temperatures. The new technology holds promise for thinner, lighter and longer lasting sealing parts to be used in battery units of the next generation of vehicles – including electric cars (EV), plug-in...
Sumitomo Riko Co. Ltd. (TYO:5191) recently held a ceremony in Yonezawa, Yamagata Prefecture, to mark the establishment of subsidiary SumiRiko Yamagata Co. Ltd., which will serve to manufacture and market automotive anti-vibration rubber. The ceremony was attended by Vice Governor of Yamagata Prefecture Tomoyuki Hosoya, Yonezawa City Mayor Masaru Nakagawa, Toyota Motor East Japan Inc. President Takeshi Shirane, Sumitomo Electric...
