denka

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...

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Denka President and CEO Shinsuke Yoshitaka

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....

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