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JSR Subsidiary Makes Investment Into Biopharmaceutical Production

JSR Life Sciences LLC, a group company under JSR Corp. (TYO:4185), recently announced that it will be expanding cutting-edge facilities in Europe to grow its business for biopharmaceuticals. These facilities will serve to bolster the activities of two affiliates: namely, U.S.-based KBI Biopharma Inc. and Swiss-based Selexis SA. Through this expansion, the two affiliates will end up occupying a combined...

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JSR Starts Shipments of S-SBR Produced at Hungarian Plant

JSR Corp. (TYO:4185) has started to ship out solution-polymerized styrene–butadiene rubber (S-SBR) manufactured at JSR MOL Synthetic Rubber Ltd. The shipment launch was announced on Oct. 27 by JSR Director and Managing Officer Hideki Miyazaki, who gave the news during an online briefing regarding the company’s financial results for the second quarter of fiscal 2020. Miyazaki said that while it...

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JSR Endorses Task Force on Climate-Related Financial Disclosures

JSR Corp. (TYO:4185) has declared its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), an initiative established by the Financial Stability Board (FSB). The JSR Group sees climate change as being not just an issue confronting society but also a crucial priority for its own group operations. Further, believing that the TCFD recommendations are an...

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JSR to Set up Joint Research Department With Institute of Statistical Mathematics

JSR Corp. (TYO:4185) and the Institute of Statistical Mathematics (ISM) recently announced that they have agreed to establish a joint research department named the JSR-ISM Smart Chemistry Lab, with aims being to get started this month. Through this joint lab, the partners intend to develop basic technologies that promote data-driven materials research. These technologies will then be used to significantly...

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JSR’s Elastomers Business Posts 5.57B Yen Operating Loss for First Quarter

JSR Corp. (TYO:4185) recently revealed that its Elastomers business has taken a significant hit from the novel coronavirus, with this news coming as part of the company’s financial results for the first quarter of fiscal 2020. The quarterly results revealed a company-wide sales revenue of 93.09 billion yen ($877.9 million), down 22 percent year-on-year; an operating profit of 2.36 billion...

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JSR to Raise Prices of Synthetic Rubber and Emulsion Products by at Least 20 Yen per Kilogram

JSR Corp. (TYO:4185) has announced that it will be raising prices on synthetic rubber and emulsion products set to be delivered from July 1 onward. This is being applied to products manufactured at the company’s domestic Japanese plants, with prices raised by at least 20 yen ($0.19) per kilogram for both synthetic rubber and emulsion products. The extra revenue obtained...

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