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...
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...
Sumitomo Rubber Industries Ltd. (TYO:5110) has developed a bridge-purposed ultra durability rubber bearing in collaboration with Central-Nexco Technical Marketing Co. Ltd. and Denka Co. Ltd. (TYO:4061). The new rubber bearing achieves a high degree of ozone resistance, employing a chloroprene rubber (CR) composition to make it 5,000 times more resistant than conventional natural rubber compounds. While Sumitomo Rubber is already...
