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 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....
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 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 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...
Tokai Carbon Co. Ltd. (TYO:5301) has raised prices by 6 yen per kilogram for all carbon black products, implementing this for all shipments to be delivered from May 1 onward. In explaining the price increase, the major carbon black manufacturer says that, due to the International Maritime Organization (IMO) tightening its restrictions on the permitted sulfur content of bunker fuel,...
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