Chloroprene rubber (CR) is continuing to face a global shortage. Japanese CR manufacturers are already at their limit, holding down exports to prioritize domestic supply, while both producers and users of the product are struggling to navigate a situation where there are no expectations of a falloff in demand. A representative of one Japanese CR manufacturer has said that his...
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...
A string of price hikes is taking place with chloroprene rubber (CR) in the international market. Japanese companies Denka Co. Ltd. (TYO:4061), Tosoh Corp. (TYO:4042) and Showa Denko KK (TYO:4004) each have announced price increases, as has Netherlands-based Arlanxeo. The companies say that the reason for the price hikes is to ensure a stable product supply, as there is no...
Lanxess AG is focusing on investment for organic growth, said Matthias Zachert, chairman of the German chemical firm’s management board at a press conference at Tokyo’s Palace Hotel during a recent visit to Japan. Outlining corporate activities for fiscal 2016, he said that the company has been working to rebuild business operations during the 24 months following his appointment. According...
