Asahi Kasei reports firm sales of tire rubber

Tokyo – Asahi Kasei reported on 5 Nov a 6.3=percent year-on-year rise in net profits for the fiscal first half, ended 30 Sept, at ¥49.52 billion (€346.5 million). First-half sales increased 5.2 percent to ¥966.9 billion.

For its performance polymer business, Asahi’s official press release said it had firm sales of engineering plastics and of synthetic rubber for fuel-efficient tires. However, overseas sales were low as market prices for synthetic rubber for other applications were poor.

The company noted that despite its sales increase, its operating income…

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