Zeon elastomers business markers all down at H1

Tokyo – Zeon Corp.’s elastomers business has posted a 23% drop in operating income to Yen8,300 million (€71 million) on first-half net sales of Yen81,600 million – 12% lower than in the prior-year first half.

For the six months to 30 Sept, sales volumes within the elastomers unit’s rubber materials segment fell 6% to 153 kilotonnes (kt), while lattices dropped 10% to 57kt and chemicals 2% to 61kt.

Rubber-segment volume sales were led downwards by Zeon’s speciality materials, which fell by 9%, compared to a 4% decline…

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