Inoac Corp. recently posted its business results for calendar 2019, revealing a year-on-year increase to sales revenue but decrease to profits for the company as a whole. Sales revenue for the major manufacturer of rubber and polyurethane foam came to 189.47 billion yen ($1.76 billion), up by 3.9 percent year-on-year. Operating profit ended at 3.87 billion yen, down by 8.1...
Inoac Corp. President Toyohiko Okina has revealed that his company is looking to both establish a new production base and reorganize some of its existing bases. As a manufacturer in the polyurethane, rubber and plastic sectors, Inoac is aiming to construct a new plant for the creation of new products. The company will also at the same time combine two...
More than three-quarters of Japan’s top 100 rubber companies saw their sales rise year-on-year in fiscal 2017, an independent study by Japan Rubber Weekly has found. According to the results of this study, 79 of Japan’s top 100 firms operating in the industry reported year-on-year increases to sales, up from 48 in fiscal 2016. Double-digit sales growth was posted by...
Inoac Corp.’s Thermax series of polyisocyanurate (PIR) boards is showing strong performance in the long-standing market for energy conservation via thermal insulation. This comes against the background of an industry constantly pursuing increased performance, with thermal insulation materials for construction held in particularly high regard due to their ability to unite both economical and environmental friendliness. Thermax offers high insulation...
Inoac Corp. is poised to launch the new material Fortrex in Japan within this year. A high-performance elastomer developed by Inoac’s global partner U.S.-based Cooper-Standard Holdings Inc., Fortrex combines the advantages of thermoplastic vulcanizate (TPV) and ethylene propylene diene monomer (EPDM), and will be sold as Japan’s first superelastomer of its kind. In the U.S., Fortrex is used in automotive...
Japan Rubber Weekly recently conducted a study of the top 100 companies in Japan’s rubber industry, analyzing their business performance for fiscal 2016. Of these 100 companies, 48 posted a year-on-year revenue increase. Seven companies managed a double-digit increase to revenue, including NOK Elastomers Processing Co. Ltd., which ranked 42nd out of the 100 companies with an 11.9 percent increase,...
