Japan’s largest manufacturer of synthetic rubber, JSR Corp. (TYO:4185), is doing well with its solution styrene butadiene rubber (S–SBR) for fuel-efficient tires. The company has increased sales of S–SBR for eco tires by just short of 120 percent over that of the previous term. Such sales expansion has been a point of focus for the company, coming amid a dip...
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Elastomix’s Overseas Strategy in the Rubber Refining Industry – China
Elastomix Co. Ltd., the largest manufacturer and refiner of rubber in Japan and majority-owned by JSR Corp. (TYO:4185), predicts there will be few reasons for demand in Japan to increase in the future. As such, the company plans to aggressively cater to demand overseas through its subsidiaries in China, Thailand and Indonesia. Elastomix’s subsidiary in Foshan, China, added a Banbury...
Two Rubber Companies Win ‘Nadeshiko Meigara’ Award
Bridgestone Corp. (TYO:5108) and synthetic rubber manufacturer JSR Corp. (TYO:4185) have been selected as winners of the 2015 Nadeshiko Meigara award, which recognizes companies that excel in providing women with career opportunities. The prize program is organized by Japan’s Ministry of Economy, Trade and Industry (METI) and the Tokyo Stock Exchange. In the Nadeshiko Meigara selection process, the review panel...
JSR Announces 3Q Results, Decreased Sales and Profits in Elastomers
JSR Corp. (TYO:4185) announced its financial results for the first three quarters of the fiscal year ending March 2016 (April–December 2015). Net sales were down 4 percent to 294.5 billion yen ($2.52 billion), operating income down 3 percent to 29.5 billion yen and net income down 14 percent to 19.8 billion yen.
Making All-out Effort to Fulfill ‘JSR20i6’ Mid-term Business Plan—JSR
New Year’s Top Interview: JSR President Mitsunobu Koshiba President Mitsunobu Koshiba of JSR Corp. (TYO:4185) said recently in an interview with the Japan Rubber Weekly that his company’s future does not lie in an extension of the pattern its success has followed up to now. He instead stressed the crucial nature of nonlinear thinking. Koshiba said that an all-out effort...
How Long Will Global EPDM Rubber Oversupply Last?
by Yasuhiko Shimizu, Chief Editor E-media Ethylene propylene diene monomer (EPDM), a synthetic rubber used in products including automobile parts and electrical cables, is currently in global oversupply. EPDM is a synthetic rubber with superior electrical properties and outstanding resistance to weather, ozone, heat, cold and chemicals. A large share of overall production is used in the manufacture of...