ERJ staff report (DS)
Tokyo – Zeon Corp has published its 2011 fact book – essentially its annual report.
The book shows that the company’s elastomer sales grew until the year ended March 2008, then fell back heavily and recovered in the year to March 2010, but the recovery was to sales lower than in the year to March 2007.
Profits in the elastomer business, meanwhile are now at record levels of over 16 percent operating margin.
Capital expenditure in the elastomer business fell sharply in…