Zeon announced on Nov. 30 that it will in the U.S. increase its production capacity of Zetpol, a hydrogenated nitrile rubber (HNBR). Construction will begin in November, with production scheduled to start in January 2025. The company has been strengthening its Zetpol supply system in recent years by increasing production capacity at its Texas plant in 2020 and its Takaoka...
Zeon group’s S-SBR production and sales company Zeon Chemicals Singapore (ZCS) has concluded a Memorandum of Understanding (MOU) with Shell Eastern Petroleum (Shell) on Oct. 2 regarding the procurement of sustainable butadiene derived from biomass. The company will proceed with studies for production and sales of S-SBR using sustainable butadiene. Zeon has set “promoting a shift to ‘manufacturing’ that achieves...
Zeon, Tosoh, Idemitsu Kosan and Tokuyama are proposing a joint endeavor that would lay the groundwork for turning the Shunan Industrial Complex into an ammonia supply base. The four companies are set to receive funding for the project as part of a government grant to promote the introduction of non-fossil energy, with this coming as the government aims to support...
Specialty rubber manufacturer Zeon reported net sales of 97.756 billion yen ($737.444 million) for the first quarter (April-June) of the fiscal year ending March 2023, up 11.9 percent year-on-year. Operating income was 10.726 billion yen, down 22.6 percent, ordinary income was 12.940 billion yen, down 12.7 percent, and net income was 8.706 billion yen, down 13.4 percent. In the elastomer...
Zeon recently revised its basic CSR policy, which is the basic approach to its corporate activities, and established a new basic sustainability policy effective July 1. The company aims to achieve the 2030 vision of its medium-term management plan by developing its CSR management of the past into a sustainability management with a broader perspective. Under its basic CSR policy,...
Tokyo Zairyo Co. Ltd., a raw materials trading firm under the Zeon Group, has posted its business results for fiscal 2021 – revealing sales revenue of 47.11 billion yen, ordinary profit of 2.46 billion yen and net profit of just under 1.7 billion yen. With the company having applied changes including a new revenue recognition standard from the start of...
