Butadiene rubber (BR) manufacturer Ube has posted its results for the first quarter of fiscal 2022. The company’s sales revenue came to 116.18 billion yen ($871.79 million), down 20.6 percent from the same quarter last year; operating profit was 4.36 billion yen, down 51.1 percent; ordinary profit was 2.3 billion yen, down 74.3 percent; and net profit was 5.74 billion...
Asahi Kasei Corp. (TYO:3407) saw operations slump for its solution-polymerized styrene–butadiene rubber (S-SBR) and butadiene rubber (BR) last fiscal year, with COVID-19 making its impact felt on the sector. Both of these products, however, started to show a significant sales recovery starting last summer. On the back of this recovery, Asahi Kasei’s aim coming into fiscal 2021 has been to...
Yokohama Rubber Co. Ltd. (TYO:5101) has carried out joint R&D efforts with two academic partners to develop a catalyst system with the world’s highest productivity for creating butadiene from bioethanol. The company has then also been successful at using this butadiene in the synthesis of butadiene rubber. For its research here, Yokohama Rubber worked with the National Institute of Advanced...
Ube Industries Ltd. (TYO:4208) is planning to increase its current production capacity for butadiene rubber (BR) by approximately 8 percent in 2020, company president Masato Izumihara has revealed. At present, Ube Industries has a total of 320,000 tons of annual BR production capacity across bases in Thailand, China, Malaysia and the Japanese city of Chiba. But in October 2020, the...
Major synthetic rubber firm JSR Corp. (TYO:4185) announced on Oct. 1 that it will be increasing prices for a range of its synthetic rubbers, emulsions and other products from Oct. 21 onward. For synthetic rubbers, the company will raise its per-kilogram prices by at least 15 yen ($0.13) for styrene–butadiene rubber; 16 yen for butadiene rubber; 16 yen for isoprene...
Ube Industries Ltd.’s (TYO:4208) butadiene rubber (BR) joint venture factory in Malaysia, Lotte Ube Synthetic Rubber Sdn. Bhd. (LUSR), expects to start fully operating in the second half of the current fiscal year. Synthetic rubber is one of the business areas designated for aggressive expansion in Change & Challenge 2018, Ube Industries’ three-year medium-term business plan launched in fiscal 2016....
