Speaking recently about the future of his company’s business for elastomer materials, Zeon Corp. (TYO:4205) President Kimiaki Tanaka said COVID-19 has made it clear that there is strong global demand for specialty elastomers. This can also be interpreted, he said, to mean that elastomers without specialized characteristics will have to be offered at a low price if they are to...
Zeon Corp. (TYO:4205) has set its sights on having speciality products make up a larger proportion of its elastomers business going forward. Company president Kimiaki Tanaka took some time out recently to speak with Japan Rubber Weekly about these plans. Tanaka noted that in its business for elastomer materials, Zeon recently started up a new Thai plant for acrylic rubber....
Mitsui Chemicals Inc. (TYO:4183) recently released its business results for fiscal 2018. The company’s overall sales for the period totaled 1.48 trillion yen ($13.47 billion), up 11.6 percent year-on-year. Operating profit was 93.43 billion yen, down 9.7 percent year-on-year; ordinary profit was 102.97 billion yen, down 6.6 percent; and net profit was 76.12 billion yen, up 6.3 percent. Mitsui Chemicals’...
Mitsui Chemicals Inc. (TYO:4183) is targeting various applications for Absortomer, a material with unique characteristics that open up potential for use in a wide range of sectors. Developed 10 years ago and named just three years ago, this relatively new product takes its name from a portmanteau of the words “absorb” and “elastomer.” Absortomer is an alpha-olefin copolymer that has...
NOF Corp. (TYO:4403) is keeping a keen eye on its NOF-Alloy TZ Series of high-performance elastomers, which are targeted toward use in components around automotive engines. Most applications for the series at present see these products being used in air ducts for trucks and similar vehicles. The NOF-Alloy TZ Series covers a range of thermoplastic elastomers with polymer alloy technology...
