Dow Chemical Co. has added the sustainable brand Engage Ren to its Engage series of polyolefin elastomers. Engage Ren is manufactured using plant-derived raw materials – such as waste cooking oil – and renewable energy. Since it uses only waste residues and by-products from alternative production processes, it consumes no extra resources and does not compete with the food chain....
Asahi Kasei Corp. (TYO:3407) has developed a proprietary system for calculating the carbon footprint of products (CFP) in its synthetic rubber and elastomer lineups. The system is based in part on the group-wide management infrastructure that Asahi Kasei calls its Data Exploration and Exchange Pipeline (DEEP). Using this new system, Asahi Kasei has managed to visualize CFP for a range...
Eneos Materials Corp. is set to raise its prices on elastomer and latex products starting with June 1 deliveries. Starting with a look at products from Eneos Materials itself, prices will rise by at least 20 yen ($0.15) per kilogram on emulsion-polymerized styrene–butadiene rubber (E-SBR), nitrile rubber (NBR), butadiene rubber (BR), the company’s RB line, high-styrene rubber (HSR) and nitrile...
Leading synthetic rubber manufacturer JSR Corp. (TYO:4185) has announced plans to transfer its elastomers business to Eneos Corp. Due to be completed on April 1, 2022, the deal here will be based on a valuation of 115 billion yen ($1.05 billion). Commenting on the deal, JSR CEO Eric Johnson acknowledged that elastomers have been a core business for JSR since...
Denka Co. Ltd. (TYO:4061) has developed a new line of special acrylic elastomer with the ability to withstand temperatures of up to around 190 degrees Celsius. The material is currently undergoing user evaluations and is slated to hit the market at some point in fiscal 2020. Plans are to produce the new elastomer at Denka’s Chiba Plant in Ichihara, Chiba...
Zeon Corp. (TYO:4205) recently posted its business results for the first half of fiscal 2019, showing sales from the company’s elastomer business as falling 8.3 percent year-on-year to 91.92 billion yen ($842.35 million). Meanwhile, operating income from Zeon’s elastomer business fell 37.5 percent for the first half, declining 3.6 billion yen year-on-year to end at to 5.97 billion yen. Negative...
