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) President Mitsunobu Koshiba is hoping to see stable earnings for his company’s elastomer business. But to achieve this, he recently told Japan Rubber Weekly, JSR will need to take its marketing efforts for the sector onto the global stage. Koshiba said that his company’s elastomer business still has its sales largely directed at the Japanese domestic tire...
JSR Corp. (TYO:4185) posted sales of 203.54 billion yen ($1.78 billion) in sales for the April–September first fiscal half, up 11.7 percent from the year-earlier period, and operating profit of 23.37 billion yen, up 56.3 percent on the year. Net profit was reported up 53.6 percent on the year to 17.97 billion yen. The report, conforming to International Financial Reporting...
JSR Corp. (TYO:4185) has teamed up with Nippon Telegraph and Telephone Corp. (TYO:9432), commonly known as NTT, and Accenture PLC on a proof-of-concept project for a next generation smart industrial complex at JSR’s Chiba Plant. The project integrates JSR’s expertise in operation management and maintenance tasks with state-of-the-art technology from NTT Advanced Technology Corp. and others within the NTT Group....
JSR Corp. (TYO:4185), Mitsubishi Chemical Corp. and Ube Industries Ltd. (TYO:4208) have announced delays to the integration of Techno Polymer Co. Ltd.’s and UMG ABS Ltd.’s acrylonitrile butadiene styrene (ABS) resin businesses. Techno Polymer is a wholly-owned subsidiary of JSR, while Ube Industries and Mitsubishi Chemical each hold 50 percent shares in UMG ABS. The parent companies had originally planned...
Two large synthetic rubber manufacturers, JSR Corp. (TYO:4185) and Zeon Corp. (TYO:4205), recently released their business results for the first quarter of fiscal 2017. Both companies saw a significant increase to their elastomer division profits for the quarter, including profits for synthetic rubber. This profit growth is caused by an increase in the spread between elastomer material costs and selling...
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