Ube posted results for the nine months (April-December) of the fiscal year ending March 31, 2024. Sales were 332.95 billion yen ($2.23 billion), down 9.6% year-on-year; operating income 12.31 billion yen, down 5.2%; ordinary income 23.18 billion yen, compared with a loss of 4.53 billion yen in the same period a year earlier; and net income of 19.95 billion yen,...
Materials
Mitsui Chemicals Posts 9M Results
Mitsui Chemicals results for the first nine months (April-December) of the fiscal year ending March 2024 showed revenue of 1,274.53 billion yen ($8.54 billion), down 10.8% year-on-year; core operating profit of 72.38 billion yen, down 34.4%; and net income of 37.26 billion yen, down 42.6%. Among segments, Mobility posted sales revenue of 398.36 billion yen, up 1.9%, and core operating...
Tosoh Reports 9M Net Sales Down 6%
Tosoh reported net sales of 747.89 billion yen ($5.01 billion), down 5.9% year-on-year, for the first nine months (April-December) of the fiscal year ending March 2024. Operating income stood at 59.55 billion yen, up 1.1%, ordinary income at 68.67 billion yen, down 5.0%, and net income at 41.37 billion yen, down 10.7%. By segment, the petrochemical business posted sales of...
Zeon Posts 9M Results, SSBR and Specialty Rubbers Steady on Stable New Car Production
Zeon posted sales of 283.81 billion yen ($1.9 billion), down 3.5% year-on-year, in the first nine months (April-December 2023) of the fiscal year ending March 2024. It further achieved operating income of 15.99 billion yen, down 42.6%, ordinary income of 19.91 billion yen, down 35.9%, and net income of 20.91 billion yen, up 14.4%. In the elastomer materials business segment,...
Kuraray Obtains ISCC PLUS Certification for MPD
Kuraray has acquired ISCC PLUS certification, an international certification system for sustainable products, for MPD (chemical name: 3-methyl-1,5-pentanediol) produced at its Niigata Plant in Tainai City, Niigata Prefecture. The certification ensures that biomass and recycled raw materials are properly managed in the supply chain, including product manufacturing, in a mass-balance manner. Kuraray is implementing its medium-term management plan Passion 2026,...
Taiwan Ube Receives ISCC PLUS Certification
Ube Taiwan, a member of the Ube Group of chemical companies, has received ISCC PLUS (International Sustainable Carbon) certification, an international certification to realize and guarantee a sustainable supply chain and covers mainly biomass, recycled-derived, and other raw materials sold worldwide. With this certification, Ube Taiwan will begin selling three ISCC PLUS certified Ube Group products, including from Ube Elastomer...