Zeon Corporation announced on June 10 that it will raise the selling prices of petroleum resins and thermoplastic elastomers, starting with deliveries on July 1. The price increase is 50 yen ($0.32) per kilogram for both Quintone petroleum resin and Quintac thermoplastic elastomer SIS. The company said, “The costs of manufacturing and supplying our products, including main raw material prices,...
Zeon Corp. (TYO:4205) will build a new facility for hydrogenation of Quintone petroleum resin with proprietary technology at its Mizushima Plant, Okayama Prefecture. Construction is set to commence this month, with operations scheduled for July. The company is making a capital investment of 1.2 billion yen ($10.46 million) into the plant, which has an annual Quintone production capacity of 40,000...
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