Michelin Japan will revise the prices of its Michelin and BF Goodrich brand tires for the Japanese domestic market starting February 1, 2025. The price increases will cover passenger cars, light truck tires (summer and winter), motorcycle tires, truck and bus tires (summer and winter), and tubes and flaps, with an average increase of 5-8%. “Despite our efforts to improve...
Kuraray will raise the prices of its hydrogenated styrenic thermoplastic elastomers Septon and Hybrar as well as TU polymers globally, beginning with shipments on October 15. The price increase is $0.22 per kilogram. Regarding the price increase, the company said, “The increase in costs for the subject products, including key raw materials, utility and logistics costs, and repair costs, is...
Maxell Kureha will raise the prices of all its products, including rubber sheets, by 5-20% from September 2, 2024. This will be the company’s first price revision since March 2023. The company said that, in addition to the successive increases in raw material prices, the main reasons for the price hikes are the sharp rise in electricity, gas, and other...
Togawa Industry will raise the prices of all of its products, including plastic hoses, beginning with deliveries on July 21. Prices for general-purpose catalog products will be increased by 20% or more for PVC tubing and pressure-resistant and non-PVC pressure-resistant products, and by 10% or more for drain hoses and other products. The company said, “Since the price revisions were...
Shin-Etsu Chemical announced that it will raise the prices of all silicone products handled by its Silicone Division in Japan and overseas by more than 10% beginning with shipments on July 1. Regarding the price increase, Shin-Etsu Chemical said, “the silicone product environment is characterized by rising costs for raw materials and energy used in manufacturing, as well as rising...
Kraton Polymers Japan will raise the price of Kraton G SEBS and SEPS by 35 yen ($0.22) per kilogram for deliveries on July 1. The company said, “Due to the rising costs of raw materials, energy, logistics, and delivery of our products, as well as the impact of foreign exchange rates on profitability, we have determined that it is essential...
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