Tosoh’s chloroprene rubber (CR) business in the first half of fiscal 2024 (April-September) posted higher sales and profits on the back of positive overall sales volume. Although Japanese domestic sales increased slightly, exports grew and drove overall sales, while production remained at high capacity. “Dry bulk carriers were worse than expected in 2023, but after bottoming out in July-September and...
Tosoh reported for the first half (April-September) of the fiscal year ending March 31, 2025, net sales of 527.62 billion yen ($3.43 billion), up 8.6% year-on-year; operating income of 47.39 billion yen, up 47.6%; ordinary income of 45.11 billion yen, up 1.6%; and net income of 24.94 billion yen, down 6.6%. Among the segments, the petrochemical business posted sales of...
Tosoh’s CR sales volume declined only a few percent in the previous fiscal year ending March 2024, with sales benefiting from the weaker yen. Japanese domestic demand began to recover in the second half of the year, but was impacted by production stoppages at some automakers. Overseas, on the other hand, sales were affected by inventory adjustments by users in...
Tosoh said that it will raise the prices of all Skyprene chloroprene rubber products for shipments from May 20. The price increase is 57 yen ($0.36) or more per kilogram for sulfur modified grades and 47 yen or more per kilogram for other grades. Regarding the price increase, the company said, “We have been implementing various measures to reduce costs,...
Tosoh has begun sales of the newly developed SG Series, a new grade of Skyprene chloroprene rubber composited with cellulose nanofiber (CNF) that has been adopted as a material for Bando Chemical’s transmission belts. CNF is a biomass-derived high-performance material that is one-fifth the weight of steel but more than five times stronger, and is expected to be a substitute...
Bando Chemical has developed the world’s first cellulose nanofiber (CNF)-compounded rubber double cog belt for high-load applications as a new lineup of speed change belts for use in large baby carriages and scooters. In the course of designing formulations that combine reinforcement materials such as carbon black and fiber materials with rubber, the company has focused on CNF, a new...
