Zeon Corp. (TYO:4205) plans to raise its prices for synthetic rubber and synthetic latex beginning with July 1 deliveries. The price of ESBR synthetic rubber is to be increased by 20 yen ($0.15) per kilogram; BR, by 35 yen; NBR and PB, each by 50 yen; and ECO, by 90 yen. The CM price will be revised in accordance with...
Zeon Corp. (TYO:4205) has decided to increase its production capacity for LiB materials. The synthetic rubber and chemicals manufacturer plans here for new production facilities to be built under Thai subsidiary Zeon Chemicals Asia Co. Ltd., with production of battery binders – a mainstay part of Zeon’s battery materials business – set to begin here in 2024. Zeon’s medium-term business...
Zeon Corp. (TYO:4205) recently announced that it has had four of its domestic production bases – the Takaoka Plant, Himi Futagami Plant, Tsuruga Plant and Tokuyama Plant – switch their energy procurement over to 100 percent renewable energy as of April 1. Further, the company has agreed to the purchase of carbon-neutral LNG at its Takaoka Plant, as well as...
Zeon Corp. (TYO:4205) is looking to boost production capacity for its Zetpol series of hydrogenated nitrile rubber (HNBR). Plans here are to remove bottlenecks from the production facilities of Zeon’s Takaoka Plant in Toyama. This is set to provide a roughly 10 percent capacity increase to the plant’s 4,000-ton annual capacity. Efforts toward this end will begin this autumn, when...
Zeon Corp. (TYO:4205) President Kimiaki Tanaka recently expressed very high hopes for fiscal 2022 as a year for the company to take its next step forward. Beyond just business expansion, the company intends to use the year to pursue efforts such as the formulation of a master plan for reaching carbon neutrality by 2050. Giving his broad outlook for Zeon...
Zeon Corp. (TYO:4205) has posted its financial results for the first half of fiscal 2021, revealing a sizable recovery from the same period last year. Results here included 179.08 billion yen ($1.57 billion) in sales revenue, up 30.3 percent year-on-year; 24.95 billion yen in operating income, up 151.7 percent; 26.58 billion yen in ordinary income, up 143 percent; and 18.39...
