Chloroprene rubber (CR) sales volume and prices are likely to bottom out in the second half of fiscal 2023 (October-March 2024). This comes with demand for CR currently being sluggish due to weak demand for industrial goods and adhesive applications, as well as inventory adjustment in automotive applications, where demand has been recovering. Supply chain inventories have built up significantly...
Tosoh Group member Tosoh Logistics took delivery of a new ethylene carrier, the Kayo, on August 17. Ethylene is extremely flammable and combustible, and therefore, adequate safety measures must be taken. The new vessel will ensure continuing safe and stable transport in response to the aging of existing vessels. The Kayo is one of the few special vessels in Japan...
Tosoh will make a decision on the expansion of its chloroprene rubber (CR) plant, which the company is currently considering, within the current fiscal year, company president Mamoru Kuwada said at a management briefing meeting held on May 24. The company is considering increasing the capacity of its Nanyo Complex (Shunan City, Yamaguchi Prefecture), which currently produces 37,000 tons per...
Tosoh said it has developed Mersen S, an effective compatibilizer for material recycling of composite plastics such as multilayer films. The product is a special EVA resin with excellent compatibility with a wide range of resins and is used as a recycling aid for composite films. In an initiative with Kao Corporation, a major consumer goods chemical manufacturer, it was...
Tosoh will raise the price of calcium chloride solution by more than 12 yen ($0.09) per kilogram (solid equivalent) beginning with shipments on March 21. Regarding the price increase, Tosoh said, “We have been implementing all kinds of cost reduction measures to improve the profitability of our business and have been striving to ensure a stable supply of our products....
The city of Shunan in Japan’s Yamaguchi prefecture has joined forces with Idemitsu Kosan, Tosoh, Tokuyama and Marubeni to plant a range of fast-growing tree species in Mukaidake, part of Shunan’s Heta district. This comes as part of a broader effort to trial the renewable production of woody biomass in the area, and follows an afforestation agreement that was reached...
