Financial
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TOKYO—Shin-Etsu Chemical's silicones business has posted higher year-on-year operating income for the financial year ended March 31.
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MOSCOW—Russian petrochemicals group Sibur Holding has reported a decline in elastomer sales.
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AKRON—Goodyear is increasing the value of its recently issued 9.5 percent senior notes offer to $800 million with an additional $200 million issuance.
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WESTLAKE, Ohio—Second-quarter sales were down for Westlake-based Nordson, which recently reorganized into two divisions.
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TOKYO—Zeon's elastomers business was hit by weaking demand, leading to falling profits.
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CHENNAI, India—Apollo's sales and earnings for the fiscal year ended March 31 declined slightly, dragged down by a pandemic-influenced fourth quarter sales drop.
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KOBE, Japan—Sumitomo Rubber Industries' operating profit fell and sales slid as the company dealt with the global economic impact of the COVID-19 pandemic.
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DENVER—Gates Industrial might consider the first quarter of 2020 as a tale of two economies.
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WILMINGTON, Del.—With the first quarter results in the books, Chemours is shifting its focus to a longer-term strategy that will help contain costs as the COVID-19 pandemic continues to impact businesses around the globe.
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AKRON—Goodyear is seeking to raise capital through the issuance of five-year senior "unsecured obligation" notes.