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JSR Elastomer sales, earnings up sharply in Q1

Tokyo – JSR Corp’s Elastomer unit has delivered a strong first-quarter business performance, the group’s results for the three months to 30 June show.

The business unit’s portfolio includes: styrene-butadiene rubbers (ESBR and SSBR), polybutadiene rubber, polyisoprene, nitrile rubber, butyl rubber, ethylene-propylene rubber and thermoplastics elastomers.

First quarter sales came in at Yen40,528 million, 18.1% more than in the same period last year, said the 31 July financial statement.

Operating income, meanwhile, ballooned 463% year-on-year to Yen5,765 million compared to Yen1,246 million a year ago – yielding a four-fold…

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