Tosoh’s CR sales volume declined only a few percent in the previous fiscal year ending March 2024, with sales benefiting from the weaker yen. Japanese domestic demand began to recover in the second half of the year, but was impacted by production stoppages at some automakers. Overseas, on the other hand, sales were affected by inventory adjustments by users in...
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Report: Osaka Soda Continues Expanding Sales, ACM Newly Adopted Mainly in Asia
In the previous fiscal year ending March 2024, Osaka Soda’s acrylic rubber (ACM) sales volume increased due to new adoption in automotive parts applications, mainly in China, Southeast Asia, and India, as well as demand for ACM as a substitute for other materials. “We believe that there is still room for ACM to replace other materials for companies that have...
Asahi Kasei Sees SSBR Sales Remain Steady This Year
Asahi Kasei’s synthetic rubber business for the fiscal year ending this March achieved its full-year operating income forecast, despite difficult conditions in the first half amid economic risks in China. This came as sales remained strong in the second half, especially for SSBR for tires, and the weaker yen also helped boost results. On the other hand, sales of BR,...
Report: Zeon Overall Optimistic, Ramping up Technical Support in India
Zeon’s elastomer materials business division posted sales of 215.29 billion yen ($1.36 billion), down 3.1% year-on-year, and operating profit of 6.64 billion yen, down 34.8%, in the fiscal year ending March 31, 2024. Synthetic rubber sales and profits were up, and, in addition to a generally normal recovery in Japanese domestic demand from the second half of the year, the...
Japanese Rubber Union Urges Promotion of Women
Gomu Rengo, the Japanese Rubber Workers’ Union Confederation, held a labor-management round-table conference to exchange lectures and information to promote the advancement of women. The meeting was attended by 57 representatives from labor and management, thereof 33 from the union side and 24 from the management side. In response to the 2007 revision of the Equal Employment Opportunity Law, Gomu...
Bando Chemical’s Nankai Plant Achieves 12.5 Million No-Injury Hours
Bando Chemical’s Nankai Plant in Sennan City, Osaka Prefecture, has over the past 10 years achieved a total of 12.5 million hours without a fatal accident or an accident resulting in one or more days of absence from work, and received a no accident record certificate from the Ministry of Health, Labor and Welfare (MHLW). MHLW awards a no-injury record...