Zeon Corp. will halt its synthetic rubber production in the U.K. The company plans to break up and liquidate Zeon Chemicals Europe Ltd. (ZCEL), a consolidated subsidiary that produces and sells nitrile rubber (NBR). The reasons for the decision are uncertainty about securing procurements of primary materials over the long-term in the U.K., as well as the changing market environment....
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Rubber Companies Post Higher Revenues, Profits in First Half
The 25 listed rubber companies (including the two synthetic rubber manufacturers JSR Corp. and Zeon Corp.) have reported their earnings for the first six months (April-September) of fiscal 2015. Twenty of the 25 companies reported higher revenues, while 21 increased operating profits, 19 had higher ordinary income, and 20 increased net income. Seventeen increased both revenues and profits (sales, ordinary...
Zeon to Mass-Produce Super-Growth Carbon Nanotubes
Zeon Corp., the National Institute of Advanced Industrial Science and Technology (AIST) and the New Energy and Industrial Technology Development Organization (NEDO) held a completion ceremony at Zeon’s plant for the world’s first mass-production of carbon nanotubes using the super-growth method developed by AIST. The plant goes online in November 2015. The super-growth method offers the benefits of high-speed and...