Materials

Zeon to Shut Down 60% of Tokuyama Plant’s Synthetic Rubber Capacity, Including E-SBR, BR and NBR Latex

Zeon Corporation will cease 60% of its synthetic rubber manufacturing capacity at its Tokuyama Plant in Shunan City, Yamaguchi Prefecture, the company said at a meeting held on June 11 to explain the progress of the second phase of its medium-term management plan. It plans to stop production of E-SBR (emulsion polymerization styrene butadiene rubber) Series 1 and NBR (acrylonitrile...

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Osaka Soda to Raise Prices of Four Products From July 1, Including Synthetic Rubber

Osaka Soda has announced that it will raise the prices of four synthetic rubber and synthetic resin products, starting with shipments on July 1. The price increases are 30 yen ($.19) per kilogram for Epichromer epichlorohydrin rubber and Racrester acrylic rubber, 35 yen per kilogram for DAP resin-based Daiso DAP monomer and 45 yen per kilogram for Daiso DAP. The...

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Zeon to Hike Prices of Petroleum Resins and Thermoplastic Elastomers From July 1

Zeon Corporation announced on June 10 that it will raise the selling prices of petroleum resins and thermoplastic elastomers, starting with deliveries on July 1. The price increase is 50 yen ($0.32) per kilogram for both Quintone petroleum resin and Quintac thermoplastic elastomer SIS. The company said, “The costs of manufacturing and supplying our products, including main raw material prices,...

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Shin-Etsu Chemical to Raise Price of Polyvinyl Chloride Resin From July 1

Shin-Etsu Chemical announced on May 31 that it will raise the selling price of polyvinyl chloride resin (PVC) for the Japanase domestic market by more than 15 yen ($0.10) per kilogram starting for deliveries from July 1. Regarding this price increase, Shin-Etsu Chemical said, “Raw material prices have remained high, partly due to the effects of the weak yen. In...

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Taiyo Vinyl Set to Increase Polyvinyl Chloride Resin Price From July 1

Taiyo Vinyl announced on June 5 that it will raise prices of polyvinyl chloride resin (PVC) by more than 17 yen ($0.11) per kilogram for deliveries from July 1. Regarding the price increase, the company said, “The unprecedented changes in our cost structure, such as the recent sharp rise in repair and maintenance costs of production facilities and logistics costs,...

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Nishikawa Rubber Formulates Global Medium- to Long-Term Management Plan for 2030

Nishikawa Rubber, a Hiroshima-based manufacturer of sealing products and industrial rubber products, has formulated its “2030 Global Medium- to Long-Term Management Plan.” The company aims to achieve sales of 130 billion yen ($833.75 million) or more, operating income of 13 billion yen or more, operating margin of 10% or more, ROE of 9% or more, and ROIC of 8% or...

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