Kuraray Co. Ltd. (TYO:3405) has revealed that it has entered into discussions with Sumitomo Corp. (TYO:8053) and PTT Global Chemical Co. Ltd. (PTTGC) regarding the construction of a plant in Thailand for the manufacturing of butadiene derivatives. The three will form a joint venture company to manufacture and sell hydrogenated styrene-based thermoplastic elastomer (HSBC) and high-performance polyamide PA9T. Plans call...
Materials
Yokohama Rubber to Redesign Logo for Hamatite Construction Sealants
Yokohama Rubber Co. Ltd. (TYO:5101) will change the logo of its Hamatite brand of construction sealants, automotive adhesives and coatings in order to boost the brand’s competitiveness. At first, Yokohama Rubber plans to start shipping its new construction sealant products in packaging and labels printed with the new logo and it is aiming to switch all products over to the...
Synthetic Rubber Production Down 5.6% to 774,000 Tons in First Half
Synthetic rubber production fell 5.6 percent year-on-year to 773,584 tons in the first half of 2016, according to the Synthetic Rubber Industry Association of Japan. Production was down for all categories year-on-year, including a 6.1 percent decline for styrene-butadiene rubber (SBR), a 2.8 percent decline for polybutadiene rubber (BR) and a 2.2 percent decline for ethylene propylene diene terpolymer (EPT)....
Tokai Carbon to Shut Down Carbon Black Production Line at Ishinomaki Plant
Tokai Carbon Co. Ltd. (TYO:5301) is planning to shut down one of four carbon black production lines at its Ishinomaki plant in Ishinomaki, Miyagi Prefecture, Japan. Annual production capacity will be reduced from 60,000 to 46,000 tons within 2016. The plant supplies carbon black to tire factories and rubber-parts manufacturers throughout eastern Japan. In March 2011, production stopped after the...
Dow Chemical Showcases Solutions for Olympics, Lowering Carbon Emissions
Dow Chemical Co.’s (TYO:4850) Japanese subsidiary, Dow Chemical Japan, recently showcased to media members the company’s products used to help provide solutions at the Rio Olympics. Under the banner of using science to make the Rio 2016 Games a success, those solutions include curtailing and counter-balancing the carbon (CO2) footprint of the event. At the Rio Games, Dow Chemical’s Dowlex...
Shin-Etsu Polymer Increases Q1 Profits Despite Slight Drop in Sales
A major manufacturer of silicone products for the electronics and information industries, Shin-Etsu Polymer Co. Ltd. (TYO:7970), posted first quarter sales of 17.937 billion yen ($1.79 billion), representing a year-on-year decline of 1.1 percent. Meanwhile, operating profit for the same April–June period increased 118.5 percent, rising to 1.645 billion yen; pretax profit rose 3.9 percent, hitting 1.196 billion yen; and...