A string of price hikes is taking place with chloroprene rubber (CR) in the international market. Japanese companies Denka Co. Ltd. (TYO:4061), Tosoh Corp. (TYO:4042) and Showa Denko KK (TYO:4004) each have announced price increases, as has Netherlands-based Arlanxeo. The companies say that the reason for the price hikes is to ensure a stable product supply, as there is no...
tosoh
Tosoh to Consolidate Macromolecule and Urethane R&D at Yokkaichi
Tosoh Corp. (TYO:4042) is looking to integrate its R&D activities through the establishment of a new research wing at its Yokkaichi Complex, Mie Prefecture. The company is investing some 4.5 billion yen ($4.33 million) in order to consolidate at Yokkaichi its macromolecule and urethane-related research, which to date has been divided over three locations. Plans call for the process to...
Tosoh Establishes Training Facility for on-the-job Learning and Research
Tosoh Corp. (TYO:4042), a chemical manufacturer that makes synthetic rubber, has established a new on-the-job training and research facility at its Nanyo factory complex in Shunan, Yamaguchi Prefecture. The training facility was built to provide manufacturing operators and technical staff with real experience in both normal and emergency plant operations and control methods. It will be used for real-life training...
Amid Global Stagnation, Tosoh’s CR Business Finds Opportunities in India
Chemical manufacturer Tosoh Corp. (TYO:4042) saw a slight year-on-year decline through March of this year on the sales volume of its chloroprene rubber (CR) business. On the back of a weak Japanese yen, the company had hoped domestically to see a rebound in the number of produced automobiles. However, such numbers remained stagnant from the previous term. CR is used...
Tosoh Announces Mid-term Business Plans Through FY 2017
President of chemical manufacturer Tosoh Corp. (TYO:4042), Toshinori Yamamoto, has announced the company’s mid-term business plans through to the end of the 2017 fiscal year. It is the first time in 30 years that the company has made such a public announcement concerning its mid-term business plans. With the mid-term plan, Tosoh has a business policy of promoting safety reforms;...
Special Update on CR Manufacturers (Part 2)
(Continued from part 1 published Dec. 23, 2015) Showa Denko K.K (TYO:4004) will continue strengthening its sales strategy for chloroprene rubber (CR) in the U.S. The company has had a joint CR production venture in the U.S. with E.I. du Pont de Nemours and Company (DuPont) and has led the industry in meeting user needs for discontinued DuPont grades and...