Carbon black manufacturer Tokai Carbon Co. Ltd. (TYO:5301) has posted its business results for the first three quarters of fiscal 2021, revealing 185.1 billion yen ($1.63 billion) in sales revenue, up 28 percent year-on-year, and 17.67 billion yen in operating income, up 137.9 percent. Looking at individual segments, the company’s carbon black business generated 72.26 billion yen in sales revenue,...
Materials
Zeon’s Elastomer Business Posts Year-on-Year Surge in Operating Income
Zeon Corp. (TYO:4205) has posted its financial results for the first half of fiscal 2021, revealing a sizable recovery from the same period last year. Results here included 179.08 billion yen ($1.57 billion) in sales revenue, up 30.3 percent year-on-year; 24.95 billion yen in operating income, up 151.7 percent; 26.58 billion yen in ordinary income, up 143 percent; and 18.39...
Shin-Etsu Chemical to Raise PVC Prices From November 21
Shin-Etsu Chemical Co. Ltd. (TYO:4063) announced on Oct. 26 that it intends to revise its domestic selling price for polyvinyl chloride (PVC). Prices here are slated to rise by at least 40 yen ($0.35) per kilogram beginning with product supplied on Nov. 21. Explaining its decision here, Shin-Etsu Chemical noted that while it has already implemented two price hikes for...
Tosoh Pursues Price Increase of 16 Yen or More for All Polyethylene Resins
Chemicals company Tosoh Corp. (TYO:4042) is set to revise its prices for polyethylene resin. Scheduled to come in for deliveries beginning Nov. 1, the change will increase the prices of Tosoh polyethylene resin products by at least 16 yen ($0.14) per kilogram. Addressing its reasoning for the decision, Tosoh noted that the price of domestically produced naphtha – a key...
Denka to Hike Prices on Fused Silica by 10–15%
Denka Co. Ltd. (TYO:4061) has announced that it is revising prices for its Denka Fused Silica Filler. Products set to be affected by this are the FB and FBX lines, with a price increase of 10–15 percent slated for products supplied from Nov. 1 onward. Giving its reasoning for the price increase, Denka noted that the cost of producing fused...
Tosoh to Hike Prices on All Polyethylene Resin Products Starting November
Tosoh Corp. (TYO:4042) announced on Oct. 13 that it will be implementing a price increase for its polyethylene resin. The change will apply to all polyethylene resin products offered by the company, with prices set to rise by at least 16 yen ($0.14) per kilogram starting with product supplied on Nov. 1. Addressing its reasoning for the decision, Tosoh noted...