Zeon reported a 15.0% year-on-year increase in net sales to 213.35 billion yen ($1.38 billion), a 77.6% rise in operating income to 16.80 billion yen, a 42.6% increase in ordinary income to 18.59 billion yen, and an 18.7% rise in net income to 12.30 billion yen in the first half (April-September) of the fiscal year ending March 2025. In the...
Zeon has filed a lawsuit in Germany against Arlanxeo, seeking an injunction and damages for infringement of Zeon’s German patent on lithium-ion battery materials and an injunction against the manufacture and sale of such products in Germany. The lawsuit seeks an injunction and damages for the manufacture and sale in Germany of Arlanxeo products, which the company believes are manufactured...
Zeon Corporation, which recently announced its plan to shut down 60% of its synthetic rubber production facilities at its Tokuyama Plant from fiscal 2026 onward, has decided to restructure its portfolio, including the construction of a new cyclo-olefin polymer (COP) plant. To learn more about these plans, Japan Rubber Weekly sat down with Kazuyoshi Matsuura, director and senior corporate officer,...
Zeon’s elastomer materials business division posted sales of 215.29 billion yen ($1.36 billion), down 3.1% year-on-year, and operating profit of 6.64 billion yen, down 34.8%, in the fiscal year ending March 31, 2024. Synthetic rubber sales and profits were up, and, in addition to a generally normal recovery in Japanese domestic demand from the second half of the year, the...
In April 2023, Zeon has set the Zeon Health Action Index as a company-wide KPI to promote physical health. The company established three health behavior indicators: having an exercise habit (exercise for 30 minutes or more twice a week for at least one year), having a BMI within the standard range (18.5 to 24.9), and not smoking cigarettes. Of the...
Zeon Corporation will build a new plant for cyclo-olefin polymer (COP), a high-performance resin that is one of its main products. The investment, including land and utilities, will be approximately 70 billion yen ($443 million). The company has long been considering measures to strengthen its resilience by decentralizing its COP production bases. The new plant will be constructed in Shunan...
