Shin-Etsu silicones earnings up 19%

Tokyo – Shin-Etsu Group has posted an 18.9% rise in operating income, to Yen12,174 million €93.2 million), at its Silicones business in the first quarter on sales of Yen49,978 million – 10.0% higher than in the same period of last year.

During the three months to 30 June, Shin-Etsu said “domestic shipments of products application for cosmetics, on-board automotive and electronics equipment “continued to be firm.”

“Globally, shipments of functional products for the US, Europe and Asia generally did well, and sale of general purpose products also…

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