Dow Chemical Japan Ltd. has announced that it will be raising the prices of its propylene glycol ether solution products by at least 40 yen ($0.37) per kilogram starting May 1. Explaining its reasoning here, Dow Chemical Japan noted that costs are continuing to rise for propylene glycol raw materials, including not only propylene oxide but also acetic acid and...
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Global latex adhesive and synthetic rubber manufacturer Trinseo SA has acquired mass balance certification from the body of International Sustainability & Carbon Certification (ISCC), a system for certifying sustainability. Trinseo has received certification for three materials: styrene–butadiene rubber (SBR) manufactured in Schkopau, Germany; polyethylene manufactured in Tessenderlo, Belgium; and polycarbonate manufactured in Stade, Germany. This is the world’s first instance...
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Ube Industries Ltd. (TYO:4208) recently announced that it is raising prices by 65 yen ($0.59) per kilogram for its Ube Nylon 6 resin products, and by 50 yen per kilogram for its Ube Nylon 12 resin products. With this price hike coming into effect on April 1, the company has started negotiations with its customers. This marks Ube Industries’ first...
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JSR Corp. (TYO:4185) is looking to set a new record high profit in fiscal 2024 as part of its latest medium-term management policy, which lays out plans and targets through to that same year. On the topic of JSR’s future business portfolio, the new management policy looks to position digital solutions – especially for semiconductors – and life sciences as...
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Japan’s market for ethylene propylene diene monomer (EPDM) is tightening due to a number of factors, with trends in the COVID-19 pandemic top among this list. While demand for EPDM rubber did decline as a result of the virus, it has more recently been making a resurgence due to the turnaround in automotive production recovery that started last autumn. And...
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JSR Corp. (TYO:4185) plans to solicit early retirement among about 100 employees in its elastomers business. Seeking to make the change to a more robust business structure, JSR is optimizing its production capacity and product portfolio, rationalizing prices and working to bring about major improvements in its operating efficiency. The company is also implementing unlimited structural reforms throughout its organization,...
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