Asahi Kasei announced on September 22 that it will raise the price of polybutadiene rubber (BR) and styrene-butadiene rubber (SBR, oil and non-oil) by 30 yen ($0.21) or more per kilogram for shipments from October 1. The company said that the recent sharp rise in crude oil prices and the rapid depreciation of the yen have caused the costs of...
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Interview: JSR President & COO Nobuo Kawahashi Discusses Future of Elastomers Business
JSR Corp. (TYO:4185) is facing a number of questions regarding the future of its elastomers business as the company finds success with new business ventures. Nobuo Kawahashi, who was inaugurated last June as president and COO of JSR, recently took some time out of his schedule to talk with Japan Rubber Weekly about the performance and direction of this elastomers...
JFE Engineering Wins Contract for Expansion Work at Asahi Kasei’s S-SBR Plant in Singapore
JFE Engineering Corp. recently announced that it has been awarded a contract for expansion work at Asahi Kasei Corp.’s (TYO:3407) plant in Singapore, which manufactures solution-polymerized styrene butadiene rubber (S-SBR). After receiving an order from Asahi Kasei, JFE Engineering began construction work to expand the facilities in July, and will complete the work by January 2019. With this expansion, production...
JSR Hikes Prices on Synthetic Rubber and Emulsion Products
JSR Corp. (TYO:4185) has raised its prices on synthetic rubber and emulsion products, starting with deliveries from Feb. 1. The company says that the hikes are in response to increased prices of raw materials in domestic naphtha. These come on the back of a weakening yen and the high price of crude oil, along with skyrocketing butadiene prices since last...
Synthetic Rubber Production Regresses Into Negative Territory for September 2016
Total production volume of synthetic rubber fell 9.6 percent year-on-year for the month of September 2016, dropping to 128,830 tons, according to the Synthetic Rubber Industry Association of Japan. It represents a regression back from what was a positive year-on-year total the month prior. Outside of styrene-butadiene rubber (SBR), which saw a 1.9-percent increase, year-on-year declines were witnessed across all...
Synthetic Rubber Production Down 5.6% to 774,000 Tons in First Half
Synthetic rubber production fell 5.6 percent year-on-year to 773,584 tons in the first half of 2016, according to the Synthetic Rubber Industry Association of Japan. Production was down for all categories year-on-year, including a 6.1 percent decline for styrene-butadiene rubber (SBR), a 2.8 percent decline for polybutadiene rubber (BR) and a 2.2 percent decline for ethylene propylene diene terpolymer (EPT)....