Showa Denko K.K. (TYO:4004) enjoyed strong chloroprene rubber (CR) business during the January-June half of 2016 despite a rise in the yen’s value against other currencies. Although the business verged on stagnation in Japan, South Korea and China, performance was solid in the U.S., Europe and Southeast Asia. In the U.S. in particular, products for automotive, construction and adhesive applications sold...
China’s ministry of commerce has announced that it will reopen its examination of the anti-dumping duty on chloroprene rubber (CR), prompted by a complaint that was filed by a Chinese CR manufacturer. On the other side of the equation, with local users comprised largely of businesses that rely on CR imports, numerous CR manufacturers are seeking an impartial judgment. For...
The chloroprene rubber (CR) business of Denka Co. Ltd. (TYO:4061) has increased its revenue since Nov. 1 of last year, when operations started up at U.S. subsidiary Denka Performance Elastomer LLC. Domestically, however, the business has stagnated somewhat, with a decline in CR for vehicle parts due to a downturn in automotive production volume. Denka has also suffered declines in...
Chemical manufacturer Tosoh Corp. (TYO:4042) saw a slight year-on-year decline through March of this year on the sales volume of its chloroprene rubber (CR) business. On the back of a weak Japanese yen, the company had hoped domestically to see a rebound in the number of produced automobiles. However, such numbers remained stagnant from the previous term. CR is used...
Gates Unitta Asia Co. has released a new product, the Two Fit Belt, which acts in both capacities of synchronous power transmission and friction transmission. A multifunction belt, this new product has a curvilinear toothed synchronous belt with synchronized transmission on one side, while on the other side has a V-ribbed, high-load capacity belt with friction transmission. Primarily used to...
President of chemical manufacturer Tosoh Corp. (TYO:4042), Toshinori Yamamoto, has announced the company’s mid-term business plans through to the end of the 2017 fiscal year. It is the first time in 30 years that the company has made such a public announcement concerning its mid-term business plans. With the mid-term plan, Tosoh has a business policy of promoting safety reforms;...
