This past August saw a 0.7 percent year-on-year increase in total production volume of synthetic rubber, which was up at 140,547 tons, according to the Synthetic Rubber Industry Association of Japan. It also represented a turnaround from what was a negative year-on-year total in the month of July. There were declines witnessed in styrene-butadiene rubber (SBR) and chloroprene rubber (CR)...
Market Background
Carbon Black Shipments Down 0.9% for September
According to data collated by the Japanese Carbon Black Association, 49,729 tons of carbon black was shipped in September. This is a 0.9 percent year-on-year decrease and the tenth consecutive month of a year-on-year decline. Of carbon black used for rubber, shipments of that used in tires turned positive, seeing a 3.3 percent increase. At the same time, carbon black...
Rubber Machinery Makers Pivot Into New Areas to Stay Afloat
Looking to open up new markets, Japan’s rubber machinery manufacturers are leveraging their expertise as they intensify development efforts in industry-related equipment. These efforts come against the backdrop of a decline in domestic demand for equipment used to manufacture rubber goods, as well as decreasing shipments due to a growing presence of overseas manufacturers. A visible shift can be seen...
Kohei Morikawa Tapped as Showa Denko’s Next President
Major chemical manufacturer Showa Denko K.K. (TYO:4004) announced a decision to offer director Kohei Morikawa the positions of representative director, president and chief executive officer. Morikawa will assume his new posts as of Jan. 4, 2017. Hideo Ichikawa, who currently serves in these positions, will become representative director and chairman of the board. After stepping down as chairman, director Kyohei...
Natural Rubber Import Volume Up Nearly 9% in August
Japan’s import volume of natural rubber in August increased 8.8 percent year-on-year, while the import value decreased 19 percent year-on-year, according to data compiled by The Rubber Trade Association of Japan based on the Ministry of Finance’s Trade Statistics of Japan. This represents the first year-on-year increase in six months for import volume, but the 11th consecutive month of year-on-year...
Rubber Goods Production for August Shows Upward Momentum
Shipment value of rubber products made a slight year-on-year increase in August, moving up 0.8 percent to 163 billion yen ($1.55 billion), according to records collated by Japan’s Ministry of Economy, Trade and Industry (METI). Although the shift was of only a small degree, it represents the first year-on-year improvement in 14 months. Broken down by product type, the production...