The supply–demand balance for chloroprene rubber (CR) is tightening worldwide. Japanese CR manufacturers report that they are barely able to keep up with increased demand from existing users, let alone meet new demand. CR’s good balance of physical properties means that this synthetic rubber has found a diverse array of applications. Unable to meet demand despite operating at full capacity,...
Supply and demand for chloroprene rubber (CR) is tightening worldwide. According to a Japanese domestic CR manufacturer, inquiries from overseas are flourishing to the point where domestic CR manufacturers cannot handle all of them. For product shipping, Japanese domestic CR manufacturers give preferential treatment to existing, mainly Japanese, customers and strive to maintain a steady supply of CR. The global...
Chemical manufacturer Tosoh Corp. (TYO:4042) has announced that domestic automotive-related demand for its chloroprene rubber (CR) business grew solidly in the second half of fiscal 2016 while CR exports for the first half struggled. However, demand for adhesives and industrial products recovered in the second half on the back of increased demand for industrial products for mining and construction equipment....
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...
Showa Denko KK (TYO:4004) is raising the price of its full line of chloroprene rubber (CR). Marketed as Showa Denko Chloroprene, the various grades of CR are being increased to at least 42 yen ($0.37) per kilogram, coming into effect for delivery from March 1. The company’s CR business is tied up in an environment that has gone into a...
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...
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