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...
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...
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