The Japan Rubber Manufacturers Association (JRMA) has released its synthetic rubber shipment figures for calendar 2016, revealing a small year-on-year increase of 0.9 percent at a total of 1,647,408 tons. The annual shipment figures totaled at 867,364 tons domestically, an increase of 2.5 percent from last year, and 540,814 tons internationally, an increase of 3.7 percent. Chloroprene rubber and isobutylene-isoprene...
Materials
Sumitomo Riko Opens Entries for 1 Million Yen Student Prize
Sumitomo Riko Co. Ltd. (TYO:5191) has recently begun accepting submissions for the company’s third Sumitomo Riko Student Essay Awards. The contest’s theme is innovation in the 21st century, and applicants are asked to write about their ideal company. A prize of 1 million yen ($8,708) will be awarded to the applicant with the best essay. Eligible to enter the contest...
Sumitomo Chemical Nears Completion of Saudi EPDM Plant
Sumitomo Chemical Co. Ltd. (TYO:4005) and Saudi Aramco have been moving forward somewhat more slowly than anticipated with the ethylene propylene diene monomer (EPDM) plant under their joint Petro Rabigh project. But now the plant, scaled at 75,000 tons in annual production, looks to achieve mechanical completion sometime around April–June this year. Once there are finished products on hand, plans...
Arlanxeo Hikes Price for Chloroprene Rubber
Arlanxeo announced on March 1 a same-day price increase for its Baypren chloroprene rubber (CR) across South America, Europe, the Middle East, Africa and Asia. With the markup, the price now becomes 700 euros per ton. The company said that the decision for the price hike came on account of production costs and overall market trends over the last several...
Tosoh to Transfer TPU Sales Rights Over to Miractran
Chemical manufacturer Tosoh Corp. (TYO:4042) plans to transfer the sales rights to its thermoplastic polyurethane (TPU) elastomer operations over to wholly owned subsidiary Nippon Miractran Co. Ltd. With the move to take effect Oct. 1, the Tosoh Group is consolidating TPU elastomer manufacturing and marketing over to Miractran in a bid to strengthen business in this sector. Established in September...
Bando Chemical to Shift Indian Subsidiary for Greater Business Potential
Bando Chemical Industries Ltd. (TYO:5195) is relocating the head factory of its Indian subsidiary, Bando (India) Pvt. Ltd. Plans at present are to move over to a new factory with a site area of 4,000 square meters, located within the same industrial park of IMT Manesar in Gurugram City. Operations are scheduled to commence in the first half of this...