Eneos Materials will make Eneos MOL Synthetic Rubber (EMSR), a Hungarian consolidated subsidiary that manufactures and sells solution-polymerized styrene-butadiene rubber (SSBR), into its wholly owned subsidiary by acquiring all shares held by the MOL Group (MOL). MOL, as a shareholder of EMSR, has been primarily responsible for supplying raw materials, utilities and various services to EMSR. The companies have agreed...
Eneos Materials
Eneos Materials Advances Development of World’s First Battery Made from Recycled Tires
Eighteen member companies of the Tire Battery Project, including Eneos Materials, have been developing the world’s first next-generation storage battery, the Tire Battery, which is created by recycling used tires. After 12 years of development and improvement, the companies will now begin demonstration testing of stationary products, namely street lights, equipped with the Tire Battery. The demonstration test will be...
Eneos Material Raises Prices of Elastomers and Latex
Eneos Material announced on March 22 that it will raise the prices of elastomer and latex products for deliveries from May 1. The price increase will be 12 yen ($0.08) or more per kilogram for Eneos Material’s elastomer and latex products, $120 per ton for BST Eneos Elastomer’s elastomer products, and €170 ($184) per ton for Eneos Mol Synthetic Rubber’s...
New Year’s Top Interview: Eneos Materials President Hayato Hirano
Japan Rubber Weekly sat down with Eneos Materials President Hayato Hirano to learn about his priorities for the new year 2024. Concentrate on Growth Areas and Expand Business Domains Concentration on growth areas and expansion of business domains are two of the mid-term tasks set forth in the new medium-term business plan. The first growth area is solution-polymerized styrene-butadiene rubber...
Eneos Materials to Hike Prices on Elastomer and Latex Products
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...