On June 14, Denka announced that a pipe burst during maintenance work at a manufacturing facility in its Aomi Plant in Itoigawa City, Niigata Prefecture. The cause of the accident is under investigation. The chloroprene rubber (CR) manufacturing facility where the accident occurred has been shut down, and the other lines are partially operating under the safety priority. Customers will...
Tosoh will make a decision on the expansion of its chloroprene rubber (CR) plant, which the company is currently considering, within the current fiscal year, company president Mamoru Kuwada said at a management briefing meeting held on May 24. The company is considering increasing the capacity of its Nanyo Complex (Shunan City, Yamaguchi Prefecture), which currently produces 37,000 tons per...
Denka expects global demand for chloroprene rubber (CR) to keep up growth of several percent per year going forward. And as part of this, dry CR products are focused on the shift toward electric vehicles (EVs), with an understanding that this will see some products rise while others fall. Elsewhere, belts and other such industrial applications are expected to maintain...
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...
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...
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