Yokohama Rubber and subsidiary Yokohama Rubber Singapore held a Suppliers’ Day event this past May, looking here to interact with natural rubber suppliers and reach a unified stance on various issues as Yokohama Rubber pursues the sustainable procurement of natural rubber. This marks the third time the company has held such an event, with previous Suppliers’ Days having been organized...
Materials
Tosoh to Hike Prices of All MDI Products
Tosoh will raise the price of all diphenylmethane diisocyanate (MDI) products, a raw material for polyurethane, by more than 50 yen ($0.36) per kilogram beginning with shipments on August 1. The company said that prices of key raw materials for MDI products continue to rise, as well as utility and logistics costs. Under these circumstances, it has come to the...
Ube to Raise Prices for Polyamide Resins Effective August 1
Ube said that it will raise prices for its polyamide 66 and polyamide 12 resin products, effective for shipments from August 1. Prices will increase by 60 yen ($0.43) per kilogram for polyamide 66 and 140 yen per kilogram for polyamide 12. Polyamide 66 is mainly used for automotive parts, while polyamide 12 sees application in automotive and machine parts....
Shikoku Plans New Facilities for Insoluble Sulfur, a Key Raw Material for Radial Tires
Shikoku Chemicals is set to build new facilities for insoluble sulfur at its Marugame Plant in Marugame, Kagawa. Construction here is scheduled to span April 2023 – October 2024, after which the new facilities will begin production in December 2024. Coming at a total investment of 4.5 billion yen ($32.8 million), the new facilities are set to boost Shikoku’s production...
EPDM Rubber Trends: Mitsui Chemicals
Mitsui Chemicals’ ethylene-propylene rubber (EPDM) plant operations remained at a high level in fiscal 2021. In the first half of the year, from April to September, the supply-demand situation remained tight. Sales remained steady, however, in the second half from October to March, despite being affected to a small extent by the shortage of semiconductors and reduced car production. The...
Zeon Establishes Basic Sustainability Policy
Zeon recently revised its basic CSR policy, which is the basic approach to its corporate activities, and established a new basic sustainability policy effective July 1. The company aims to achieve the 2030 vision of its medium-term management plan by developing its CSR management of the past into a sustainability management with a broader perspective. Under its basic CSR policy,...