Bridgestone Corp. (TYO:5108) will increase the price of seismic isolation rubber shipped to Japanese manufacturers by 10 percent on July 1. The company attributes the price hike to the increasing cost of natural rubber required to make seismic isolation rubber, as well as to higher prices for petrochemical ingredients used in synthetic rubber and iron ore that serves as a...
Pirelli Japan Co. Ltd. has announced that it will increase the prices of its Pirelli and Metzeler-branded tires on June 1. Summer tires for passenger vehicles and SUVs will be increased in price by an average of 6 percent, and motorcycle tire prices will be increased by 6.5 percent. This will be followed by a 6-percent increase to passenger vehicle...
Ube Industries Ltd. (TYO:4208) will raise its prices of polyamide 6, polyamide 66 and polyamide 12 (Ubesta), starting with shipments on April 20. The scope of the price increase is 50 yen ($0.45) per kilogram for polyamide 6 and polyamide 66, while polyamide 12 will see a price hike of 100 yen. The increases come as Ube Industries aims to...
Nippon A&L Inc. has announced that it will increase the price of its synthetic latex rubber starting from April 1. Per dry kilogram, the company will increase the prices of its latex for paper processing by 50 yen ($0.45), general manufacturing latex by 55 yen, nitrile-butadiene rubber (NBR) latex by 65 yen and vinylpyridine (VP) latex by 75 yen. According...
Kumho Tire Japan Inc. will increase its domestic prices on tires by 7 percent from April 1, following a similar announcement made recently by Yokohama Rubber Co. Ltd. (TYO:5101). The change will apply to tires for passenger vehicles, vans, trucks and buses. A representative from Kumho Tire stated that the company could not absorb the rising prices of both natural...
Arlanxeo announced on March 1 a same-day price increase for its Baypren chloroprene rubber (CR) across South America, Europe, the Middle East, Africa and Asia. With the markup, the price now becomes 700 euros per ton. The company said that the decision for the price hike came on account of production costs and overall market trends over the last several...
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