Synthetic rubber, carbon black and a range of other raw materials have entered into a major period of price rises. This comes as price spikes for crude oil and naphtha – as well as the rising costs of distribution – place increasing pressure on companies in the industry. In synthetic rubber, industry leader JSR Corp. (TYO:4185) has announced that it...
Major synthetic rubber firm JSR Corp. (TYO:4185) announced on Oct. 1 that it will be increasing prices for a range of its synthetic rubbers, emulsions and other products from Oct. 21 onward. For synthetic rubbers, the company will raise its per-kilogram prices by at least 15 yen ($0.13) for styrene–butadiene rubber; 16 yen for butadiene rubber; 16 yen for isoprene...
Asahi Kasei Corp. (TYO:3407) recently announced that it plans to increase the prices of its synthetic rubber and thermoplastic elastomer, among other products, starting from shipments on April 16. Prices per kilogram are set to rise by at least 25 yen ($0.24) for butadiene rubber, styrene–butadiene rubber, styrenic thermoplastic elastomer and hydrogenated styrenic elastomer. Meanwhile, the company’s clear styrenic block...
Osaka Soda Co. Ltd. (TYO:4046) will raise the price of its Epichlomer line of epichlorohydrin rubber by 35 yen ($0.31) per kilogram for shipments beginning Jan. 10, 2018. The company said that it has tried cost-cutting to deal with rising raw material prices. However, tighter epichlorohydrin supplies relative to demand, coupled with increasing prices for monomers and other primary ingredients,...
Shin-Etsu Chemical Co. Ltd. (TYO:4063) has announced a price change for all of its silicone products. Starting from shipments for January next year, the company will raise prices by 10 to 20 percent. The price of metallic silicon – a main raw material for silicone – has risen, and further increases are expected, a Shin-Etsu representative says. As it has...
Tokai Carbon Co. Ltd. (TYO:5301) has announced an increase of 15 percent over its current sales prices for fine-carbon, special-graphite products beginning with deliveries on July 1. The company explained that the price hike stems from a sharp decline in the special-graphite market caused by drastic changes in the balance of supply and demand. This situation has hurt profitability. Tokai...
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