Ube Industries Ltd. (TYO:4208) will raise its prices of polyamide 6, polyamide 66 and polyamide 12 (Ubesta), starting with shipments on April 20. The scope of the price increase is 50 yen ($0.45) per kilogram for polyamide 6 and polyamide 66, while polyamide 12 will see a price hike of 100 yen. The increases come as Ube Industries aims to...
Nippon A&L Inc. has announced that it will increase the price of its synthetic latex rubber starting from April 1. Per dry kilogram, the company will increase the prices of its latex for paper processing by 50 yen ($0.45), general manufacturing latex by 55 yen, nitrile-butadiene rubber (NBR) latex by 65 yen and vinylpyridine (VP) latex by 75 yen. According...
ZS Elastomers Co. Ltd. (ZSE), a solution styrene-butadiene rubber (S-SBR) joint venture between Zeon Corp. (TYO:4205) and Sumitomo Chemical Co. Ltd. (TYO:4005), will commence operations on April 3. ZSE has obtained approvals from the relevant authorities in Japan and overseas and will take over the sales and R&D functions of Zeon and Sumitomo Chemical’s S-SBR businesses. The company will also...
Hiroshima Kasei Ltd. held a ceremony on March 7 to celebrate the completion of an automobile sealant factory in Bandung, Indonesia. The 60 or so guests in attendance included company president Koichi Nishi and other top executives, along with customers and local government officials. The company established local subsidiary PT Hiroshima Kasei Indonesia in March 2016 in response to Japanese...
The Japan Rubber Manufacturers Association (JRMA) has released its synthetic rubber shipment figures for calendar 2016, revealing a small year-on-year increase of 0.9 percent at a total of 1,647,408 tons. The annual shipment figures totaled at 867,364 tons domestically, an increase of 2.5 percent from last year, and 540,814 tons internationally, an increase of 3.7 percent. Chloroprene rubber and isobutylene-isoprene...
Sumitomo Riko Co. Ltd. (TYO:5191) has recently begun accepting submissions for the company’s third Sumitomo Riko Student Essay Awards. The contest’s theme is innovation in the 21st century, and applicants are asked to write about their ideal company. A prize of 1 million yen ($8,708) will be awarded to the applicant with the best essay. Eligible to enter the contest...
