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...
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Denka Establishes New Department to Handle Automotive R&D Themes
Chemicals manufacturer Denka Co. Ltd. (TYO:4061) has set up an “Automotive Materials & Solutions Department” under the company’s Electronics & Innovative Products Division. The department will collectively handle new research and development themes undertaken at the request of business units within the Denka Group, with a focus on next-generation automobiles and automotive parts. Denka boasts a solid track record in serving...
Denka Continues Market Development in China Despite Unresolved Anti-dumping Duty
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...
Denka’s CR Business Shows Resolve Amid Uneven Domestic, International Markets
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...
Special Update on CR Manufacturers (Part 1)
Total chloroprene rubber (CR) production remained firm through early autumn. According to Denka Co. Ltd. (TYO:4061), production was somewhat sluggish in part because of a slump in domestic automobile manufacturing volume, although business performance was robust in China. Factors elsewhere in Asia, meanwhile, included weak domestic demand in Thailand, and stabilization at low levels in Europe. Domestic CR operations at...
Denka Aims for CR Sales of 50 Billion Yen
Shinsuke Yoshitaka, president and CEO of Denka Co. Ltd., spoke about his company’s recently completed acquisition of the chloroprene rubber (CR) business of E.I. Dupont de Nemours and Company (Dupont). Yoshitaka said that since announcing the acquisition, Denka has submitted the deal to antitrust authorities in 12 countries and has been given the go-ahead, and that the newly acquired U.S....