Shin-Etsu Chemical Co. Ltd. (TYO:4063) is looking to invest a total of 20 billion yen ($181.1 million) into its silicone business to cut down on CO2 emissions. Half of this total will go toward improving manufacturing processes, while the other half will be used as capital investments to bolster production capacity for eco-friendly products. For its efforts on the manufacturing...
Shin-Etsu Chemical
Shin-Etsu Chemical to Hike Prices on Silicone Products Starting Next Month
Shin-Etsu Chemical Co. Ltd. (TYO:4063) recently announced that it is planning to increase the price of all of its silicone products. This price hike will come into effect starting with shipments made in April, and will see prices rise by 10–20 percent. Commenting on the price increase, Shin-Etsu Chemical noted how the cost of silicon metal – the main raw...
Shin-Etsu Chemical Develops New Silicone Materials for Heat Dissipation in EVs, Hybrids
Shin-Etsu Chemical Co. Ltd. (TYO:4063) has developed a range of new silicone materials for heat dissipation, and is targeting these toward use in electric vehicles (EVs) and hybrid electric vehicles (HEVs). With the global automotive sector moving toward electrification at an increasing pace, the market is seeing more advanced and diverse demands for heat countermeasures in the likes of lithium-ion...
Shin-Etsu Chemical Develops Moldable Silicone for Lighter Molded Rubber Parts
Shin-Etsu Chemical Co. Ltd. (TYO:4063) has developed a first-of-its-kind low-density moldable silicone for producing lighter rubber molded parts with the company’s Liquid Injection Molding System (LIMS). The conventional method of making silicone rubber more lightweight has been to add a blowing agent to millable silicone rubber to shape it into a sponge, but Shin-Etsu Chemical’s new product does away with...
Shin-Etsu Chemical Plans 110B Yen of Capital Investment for Silicones Business
Shin-Etsu Chemical Co. Ltd. (TYO:4063), a major player in the market for polyvinyl chloride (PVC) and silicone products, recently announced that it is looking to invest nearly 110 billion yen ($982.1 million) into facilities for its silicones business. These investments will be implemented in stages over approximately the next two and a half years, with the company improving its capacity...
Shin-Etsu Plans January Price Hike for PVC
Shin-Etsu Chemical Co. Ltd. (TYO:4063) recently announced that it will raise its polyvinyl chloride (PVC) price by at least 15 yen per kilogram for shipments from Jan. 21 onward. Explaining the decision, a company representative said that crude oil and naphtha prices are expected to continue increasing from autumn onward, and that costs are also rising for utilities, transport and...