In the previous fiscal year ending March 2024, Osaka Soda’s acrylic rubber (ACM) sales volume increased due to new adoption in automotive parts applications, mainly in China, Southeast Asia, and India, as well as demand for ACM as a substitute for other materials. “We believe that there is still room for ACM to replace other materials for companies that have...
Osaka Soda has announced that it will raise the prices of four synthetic rubber and synthetic resin products, starting with shipments on July 1. The price increases are 30 yen ($.19) per kilogram for Epichromer epichlorohydrin rubber and Racrester acrylic rubber, 35 yen per kilogram for DAP resin-based Daiso DAP monomer and 45 yen per kilogram for Daiso DAP. The...
Chemicals manufacturer Osaka Soda Co. Ltd. (TYO:4046) recently reported its business results for the April–September quarter of fiscal 2020, showing a decline in both sales and profits. The company posted sales of 45.18 billion yen ($434.46 million), down 14.8 percent year-on-year. Meanwhile, operating income was 3.5 billion yen, down 29.4 percent; ordinary income was 3.7 billion yen, down 28.7 percent;...
Osaka Soda Co. Ltd. (TYO:4046) has posted a significant increase to its sales and profits for the cumulative first three quarters of fiscal 2018. Year-on-year, Osaka Soda’s sales rose by 9.9 percent to reach 81.85 billion yen ($741.23 million) over the nine-month period. In profits, meanwhile, the company’s operating profit rose 36 percent to 7.65 billion yen, with ordinary profit...
Osaka Soda Co. Ltd. (TYO:4046) will raise the price of its Epichlomer line of epichlorohydrin rubber by 35 yen ($0.31) per kilogram for shipments beginning Jan. 10, 2018. The company said that it has tried cost-cutting to deal with rising raw material prices. However, tighter epichlorohydrin supplies relative to demand, coupled with increasing prices for monomers and other primary ingredients,...
Chemicals manufacturer Osaka Soda Co. Ltd. (TYO:4046) has released its business results for the fiscal year ending in March 2017. The company saw sales of 93.59 billion yen ($840.94 million), a year-on-year decrease of 8.4 percent; operating profit of 6.59 billion yen, an increase of 2.2 percent; ordinary income of 6.54 billion yen, an increase of 1.5 percent; and net...
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