The general performance of listed rubber companies has been compiled for fiscal 2019, during which the impact of the novel coronavirus pandemic began to become apparent. Among chemical companies, the elastomer business experienced lower revenue and earnings at synthetic rubber manufacturers JSR Corp. (TYO:4185) and Zeon Corp. (TYO:4205). This was attributable to a global slump among buyers in automobile and...
Efforts in Japan to prevent the spread of novel coronavirus infection are moving forward at a rapid pace. On Feb. 25, Japan’s central government issued its basic policy on novel coronavirus countermeasures, with large-scale events postponed or canceled the following day. JRW has compiled the following report on concurrent efforts being undertaken in rubber-related industries. Many companies have instituted staggered...
The novel coronavirus outbreak in Wuhan, Hubei Province, China, is having a major impact on society. This is especially true in China itself, though there is also the possibility that the virus will spread further overseas going forward. Looking then to get a better idea of how all this will impact business, Japan Rubber Weekly collected information from a number...
Zeon Corp. (TYO:4205) recently held a ceremony to mark the end of construction for a new manufacturing line at its optical film plant in Tsuruga, Fukui Prefecture. Set to produce ZeonorFilm retardation film for use in large-screen televisions, the line is slated to begin full-scale operations in April. The ceremony was held at the Tsuruga base of Zeon production subsidiary...
Zeon Corp. (TYO:4205) has set its sights on having speciality products make up a larger proportion of its elastomers business going forward. Company president Kimiaki Tanaka took some time out recently to speak with Japan Rubber Weekly about these plans. Tanaka noted that in its business for elastomer materials, Zeon recently started up a new Thai plant for acrylic rubber....
Zeon Corp. (TYO:4205) recently posted its business results for the first half of fiscal 2019, showing sales from the company’s elastomer business as falling 8.3 percent year-on-year to 91.92 billion yen ($842.35 million). Meanwhile, operating income from Zeon’s elastomer business fell 37.5 percent for the first half, declining 3.6 billion yen year-on-year to end at to 5.97 billion yen. Negative...
