Yokohama Rubber announced on July 22 that it will raise the price of tires shipped for the Japanese market effective October 1. The hike will include summer, winter, and all-season tires and tube flaps for Japanese market use, which will be subject to an increase of up to 8 percent, depending on the type, product, size, and other factors. The...
price increase
Tosoh to Hike Prices of All MDI Products
Tosoh will raise the price of all diphenylmethane diisocyanate (MDI) products, a raw material for polyurethane, by more than 50 yen ($0.36) per kilogram beginning with shipments on August 1. The company said that prices of key raw materials for MDI products continue to rise, as well as utility and logistics costs. Under these circumstances, it has come to the...
Ube to Raise Prices for Polyamide Resins Effective August 1
Ube said that it will raise prices for its polyamide 66 and polyamide 12 resin products, effective for shipments from August 1. Prices will increase by 60 yen ($0.43) per kilogram for polyamide 66 and 140 yen per kilogram for polyamide 12. Polyamide 66 is mainly used for automotive parts, while polyamide 12 sees application in automotive and machine parts....
Tosoh Pursues Price Increase of 16 Yen or More for All Polyethylene Resins
Chemicals company Tosoh Corp. (TYO:4042) is set to revise its prices for polyethylene resin. Scheduled to come in for deliveries beginning Nov. 1, the change will increase the prices of Tosoh polyethylene resin products by at least 16 yen ($0.14) per kilogram. Addressing its reasoning for the decision, Tosoh noted that the price of domestically produced naphtha – a key...
Shin-Etsu Chemical to Increase Prices of All Silicone Products Worldwide
Shin-Etsu Chemical Co. Ltd. (TYO:4063) is set to raise prices both in Japan and abroad for all silicone products handled by the company’s silicone division. Most prices here will rise by between 10 and 20 percent, although some will increase by even more. The new prices will apply to products shipping from October onward. Shin-Etsu Chemical previously announced price revisions...
Mitsui Chemicals to Raise Prices on Mitsui EPT as of December
Mitsui Chemicals Inc. (TYO:4183) is set to raise its selling price for Mitsui EPT. The change will apply to all lines of the material, and will affect shipments Dec. 1 onward. Sales in the Japanese market will have their prices increased by 20 yen ($0.19) per kilogram. Meanwhile, sales to overseas customers will see a price increase of $200 per...