Asahi Carbon said that it has raised the price of all carbon black products for rubber by 46.3 yen ($0.34) per kilogram for deliveries from August 1. The company said that oil market conditions continue to be tight and that the price of the carbon black feedstock oil continues to rise due to deteriorating global conditions and the weakening of...
Specialty rubber manufacturer Zeon reported net sales of 97.756 billion yen ($737.444 million) for the first quarter (April-June) of the fiscal year ending March 2023, up 11.9 percent year-on-year. Operating income was 10.726 billion yen, down 22.6 percent, ordinary income was 12.940 billion yen, down 12.7 percent, and net income was 8.706 billion yen, down 13.4 percent. In the elastomer...
Toyoda Gosei will accelerate the development of digital talent to respond to changes in the automotive industry environment and achieve sustainable growth in the future. The company has established a target to increase the number of standard-level digital talent, the core of its operations, to 270 by 2025 and 400 by 2030. In addition to recruiting digital talent from outside...
Yokohama Rubber and subsidiary Yokohama Rubber Singapore held a Suppliers’ Day event this past May, looking here to interact with natural rubber suppliers and reach a unified stance on various issues as Yokohama Rubber pursues the sustainable procurement of natural rubber. This marks the third time the company has held such an event, with previous Suppliers’ Days having been organized...
Tosoh will raise the price of all diphenylmethane diisocyanate (MDI) products, a raw material for polyurethane, by more than 50 yen ($0.36) per kilogram beginning with shipments on August 1. The company said that prices of key raw materials for MDI products continue to rise, as well as utility and logistics costs. Under these circumstances, it has come to the...
Ube said that it will raise prices for its polyamide 66 and polyamide 12 resin products, effective for shipments from August 1. Prices will increase by 60 yen ($0.43) per kilogram for polyamide 66 and 140 yen per kilogram for polyamide 12. Polyamide 66 is mainly used for automotive parts, while polyamide 12 sees application in automotive and machine parts....
