Tokai Carbon Co. Ltd. (TYO:5301) is planning to shut down one of four carbon black production lines at its Ishinomaki plant in Ishinomaki, Miyagi Prefecture, Japan. Annual production capacity will be reduced from 60,000 to 46,000 tons within 2016. The plant supplies carbon black to tire factories and rubber-parts manufacturers throughout eastern Japan. In March 2011, production stopped after the...
Tokai Carbon Co. Ltd. (TYO:5301) announced on July 13 that it will increase the price at which it sells carbon black by 6.5 yen per kilogram for deliveries beginning Aug. 1. The change will apply to all varieties of carbon black the company sells in Japan. In its announcement, Tokai Carbon explained that the price of crude oil used to...
Factors such as automobile tire production and carbon black imports have a major impact on Japan’s carbon black industry. Last year saw a decrease in import volume from China due to the weak yen, but the stronger yen expected for this year is causing fears of a slight increase in imports, mainly from China. Japan Rubber Weekly got an inside...
Japan’s largest carbon black manufacturer Tokai Carbon Co. Ltd. (TYO: 5301) reported annual sales of 104.9 billion yen ($921.8 million) for fiscal 2015 (January-December), marking a 9 percent year-on-year decline. Of those, the carbon black (CB) segment accounted for sales of 46.2 billion yen ($406 million), a year-on-year decline of 16 percent. Operating profit declined 50 percent to 1.3 billion...
