Zeon posts strong elastomer results, expects declines this year

Tokyo – Zeon Corp. has seen strong growth in its elastomers business with year-on-year sales up 16% at Yen194.6 billion (€1.47 billion)  during the 2017 financial year.

Operating income for the elastomers business was also up 8% during the year ended 31 March at Yen22.2 billion, the Japanese materials supplier announced 27 April.

Sales volume stood at 622,000 tonnes, up 11% compared to 2016. Of this amount, 360,000 tonnes were rubbers, with latex and chemicals forming the remainder.

Of the total elastomers sales, rubber contributed to Yen138 billion…

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