Chemical company Tosoh has posted its results for the first quarter of fiscal 2022, revealing sales revenue of 252.33 billion yen ($1.87 billion), up 25.4 percent year-on-year; operating income of 30.31 billion yen, up 0.5 percent; ordinary income of 43.62 billion yen, up 35.9 percent; and net income of 28.44 billion yen, up 31 percent. Each of these figures represents...
Denka’s chloroprene rubber (CR) business saw full production and sales in fiscal 2021. Demand inquiries remained strong, and sales for automotive, industrial, and adhesive applications were all favorable. Although Denka Performance Elastomer, the company’s U.S. base, was forced to suspend production in September and October as a raw material supplier sustained damages by a hurricane, it started up in November...
(Continued from part 1 published Dec. 23, 2015) Showa Denko K.K (TYO:4004) will continue strengthening its sales strategy for chloroprene rubber (CR) in the U.S. The company has had a joint CR production venture in the U.S. with E.I. du Pont de Nemours and Company (DuPont) and has led the industry in meeting user needs for discontinued DuPont grades and...
Total chloroprene rubber (CR) production remained firm through early autumn. According to Denka Co. Ltd. (TYO:4061), production was somewhat sluggish in part because of a slump in domestic automobile manufacturing volume, although business performance was robust in China. Factors elsewhere in Asia, meanwhile, included weak domestic demand in Thailand, and stabilization at low levels in Europe. Domestic CR operations at...
Shinsuke Yoshitaka, president and CEO of Denka Co. Ltd., spoke about his company’s recently completed acquisition of the chloroprene rubber (CR) business of E.I. Dupont de Nemours and Company (Dupont). Yoshitaka said that since announcing the acquisition, Denka has submitted the deal to antitrust authorities in 12 countries and has been given the go-ahead, and that the newly acquired U.S....
