JSR Corp. (TYO:4185) announced on April 9 that its Indian subsidiary JSR Elastomer India Pvt. Ltd. has started operations. Located in the city of Gurugram, Haryana, JSR Elastomer India was established on Dec. 20 last year to bolster operations and marketing activities for elastomer products such as synthetic rubber with a focus on India. It is the fourth JSR subsidiary...
JSR Corp. (TYO:4185) has seen an improvement in the sales of its solution styrene butadiene rubber (S-SBR), with sales volume in the second quarter (July–September) of fiscal 2016 rising around 15 percent over that of the same quarter last year. While the company’s elastomer division has seen a second-quarter fall in revenue and profit on account of a strong yen...
Business performance for JSR Corp. (TYO:4185) suffered somewhat over the first quarter of the 2016 fiscal year. The large synthetic-rubber manufacturer announced on July 25 that sales for April–June saw a year-on-year drop of 7 percent, falling to 88.786 billion yen ($878.535 million); operating profit fell 24 percent, down to 5.637 billion yen; pretax profit dropped by 20 percent, at...
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