The global supply–demand balance for chloroprene rubber (CR) continues to sit tight. And with no significant reversal expected in these market conditions for the time being, CR manufacturers are rushing to deal with the situation. In Japan, this has seen Tosoh Corp. (TYO:4042) recently give details on a plan to bolster its production capacity for CR, set to be achieved...
Tosoh Corp. (TYO:4042) has announced that it will be raising its prices for polyvinyl chloride (PVC) paste by over 16 yen ($0.14) per kilogram as of Nov. 1. The company had previously announced on July 19 that it would be increasing its PVC price by 10 yen per kilogram. But with the cost of domestically produced naphtha – a basic...
Tosoh Corp. (TYO:4042), a manufacturer of synthetic rubber and chemical products, provided a follow-up report on April 11 regarding an electrical accident and corresponding noise that occurred on April 6 at its Nanyo Complex in Shunan, Yamaguchi Prefecture. The report notes that, as of April 10, Tosoh is moving to sequentially resume production at facilities within the Nanyo Complex and...
Chemical manufacturer Tosoh Corp. (TYO:4042) has announced that domestic automotive-related demand for its chloroprene rubber (CR) business grew solidly in the second half of fiscal 2016 while CR exports for the first half struggled. However, demand for adhesives and industrial products recovered in the second half on the back of increased demand for industrial products for mining and construction equipment....
Chemical manufacturer Tosoh Corp. (TYO:4042) plans to transfer the sales rights to its thermoplastic polyurethane (TPU) elastomer operations over to wholly owned subsidiary Nippon Miractran Co. Ltd. With the move to take effect Oct. 1, the Tosoh Group is consolidating TPU elastomer manufacturing and marketing over to Miractran in a bid to strengthen business in this sector. Established in September...
Tosoh Corp. (TYO:4042) has announced plans to expand production capacity of polyvinyl chloride (PVC) at local affiliate Philippine Resins Industries Inc. (PRII). Tosoh will be investing approximating 4.2 billion yen ($37.05 million) to take annual production capacity from its current level of 100,000 tons up to 210,000 tons. Construction is slated to start in February this year and conclude in...
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