The Isoprene Chemicals (IPC) division of Kuraray Co. Ltd. (TYO:3405) has posted a year-on-year 0.2-percent increase on operating profit for 2016, at 6.934 billion yen ($60.53 million). The modest increase comes on a 7.1-percent decline in year-on-year sales, at 51.083 billion yen. Despite performing strongly with fine chemicals, thermoplastic elastomers and liquid rubber, the division struggled with its heat-resistant polyamide...
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Kuraray to Raise Prices of Hydrogenated Styrene Elastomers Worldwide
Kuraray Co. Ltd. (TYO:3405) has announced that it will raise the prices of its TU-Polymer and hydrogenated styrene elastomers Septon and Hybrar by 25 cents per kilogram worldwide effective for shipments from Feb. 1, 2017. Regarding this price increase, Kuraray said that market conditions for major raw materials continue to rise dramatically and manufacturing costs – including utility costs –...

Bridgestone Sports Announces Upcoming Release of New Golf Gear
Bridgestone Sports Co. Ltd., a subsidiary of Bridgestone Corp. (TYO:5108), is launching a new series of Tour B products under the Bridgestone Golf brand that are designed for athletic golfers. Bridgestone Sports launched the Bridgestone Golf Tour B330 golf ball series in March, followed by the Bridgestone Golf Tour B V10 golf ball series in April. Tour B clubs are...

Step Up Production, Sales and Development—Kuraray
New Year’s Top Interview—In an interview with Japan Rubber Weekly, President Shinichi Yasue of Kuraray Plastics Co. Ltd. (TYO:3405) said that re-organizing the company into divisions has fostered a greater sense of togetherness in each of the units with regard to manufacturing, sales and development. He aspires for the rubber and plastics maker to achieve higher revenues and profits in 2016 through this new tripartite organization.