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Ube to Research Synthesis Process for Polycarbonate Diols From CO2

on July 4, 2023 in Industry

Chemical company Ube, Osaka Metropolitan University, and Nippon Steel have been selected by the New Energy and Industrial Technology Development Organization (NEDO) as part of the “Development of Carbon Recycling and Next-Generation Thermal Power Generation Technology / Promotion Project for Carbon Recycling and Next-Generation Thermal Power Generation / Common Basic Technology Development for Carbon Recycling Technology” to develop a one-step...

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Ube Restructures Affiliated Companies in Europe, Asia, and the United States

on January 23, 2023 in Materials

With a view to further expanding its chemical business in the U.S., chemical manufacturer Ube has reorganized its chemical business affiliates there and established a new subsidiary to serve as a control company, Ube Corporation America. Under its medium-term management plan, “Ube Vision 2030 Transformation – 1st Stage,” the company has set “pursuit of global profit growth centered on specialty...

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Ube’s Synthetic Rubber Division Increases Sales with Price Increases

on November 14, 2022 in Materials

Ube posted first half (April-September) results for the fiscal year ending March 31, 2023, showing sales of 244.78 billion yen ($1.75 billion), down 20.2 percent year-on-year; operating income of 8.52 billion yen, down 55.4 percent; ordinary loss of 1.83 billion yen (against a profit of 17.90 billion yen in the same period last year); and net loss of 341 million...

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Ube to Raise Price of Polyamide 6

on September 9, 2022 in Materials

Ube will raise the price of polyamide 6 resin by 80 yen ($0.56) per kilogram for shipments beginning September 15. The move is due to soaring prices of raw materials. The company said that this is the first price revision for this product since April 2022, and is intended to improve business profitability by passing on higher prices for main...

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Ube Posts Year-on-Year Drop to Sales Revenue, Butadiene Rubber Profits

on August 16, 2022 in Market Background, Materials

Butadiene rubber (BR) manufacturer Ube has posted its results for the first quarter of fiscal 2022. The company’s sales revenue came to 116.18 billion yen ($871.79 million), down 20.6 percent from the same quarter last year; operating profit was 4.36 billion yen, down 51.1 percent; ordinary profit was 2.3 billion yen, down 74.3 percent; and net profit was 5.74 billion...

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Ube to Raise Prices for Polyamide Resins Effective August 1

on July 21, 2022 in Materials

Ube said that it will raise prices for its polyamide 66 and polyamide 12 resin products, effective for shipments from August 1. Prices will increase by 60 yen ($0.43) per kilogram for polyamide 66 and 140 yen per kilogram for polyamide 12. Polyamide 66 is mainly used for automotive parts, while polyamide 12 sees application in automotive and machine parts....

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