The impact of China’s overproduction, which has become a global problem for steel and commodity resins, is spreading to synthetic rubber as well. First in line are commodity synthetic rubber products for tires, but will it spread to other types of products as well? On October 25, Ube announced that it has resolved to dissolve its equity method affiliate Lotte...
Rubber sheet manufacturers are expected to change their pricing strategies. Until recently, they were prone to price wars due to mutual restraint, but from now on, they are expected not hesitate to revise their prices every year. The reason for this is the rapid rise in labor and other costs. Since these increases are expected to continue in the future,...
Demand for plastic belts remains strong. Although demand from the logistics industry due to the booming online shopping business has slowed down, both production volume and shipment value have been higher than the previous year, supported by stable demand from the food industry. In the future, demand for logistics is expected to pick up again due to the construction of...
While Japanese domestic automobile production is on a certain recovery track, synthetic rubber sales are struggling. In addition to the economic slowdown in the U.S. and Europe, and demand in China not picking up as much as expected, a major factor is inventory adjustment. According to a synthetic rubber manufacturer, “inventory adjustment will probably take the entire first half of...
Signup today for free.
You will receive a weekly or daily roundup on what has been published and will be up to date on special offers.
Please make sure to select your preferred sending frequency!
Note: We save your entered data to send the newsletter. You can always easily unsubscribe. More information on data handling: Privacy Policy.
Close window
