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...
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,...
Togawa Rubber plans to revise the prices of its L-100 ethylene-propylene rubber (EPT) sheet with a hardness of 65° for shipments on July 1, and its BL-100 natural black rubber sheet with a hardness of 65° for shipments on October 1. The company said that the price revision is due to the following reasons: “For L-100, it has become difficult...
While Bridgestone aims to expand tire sales in its tire business in Europe this fiscal year, the company is rushing to address the impact and outlook of EUDR-compliant natural rubber procurement costs by promoting activities to realize a sustainable supply chain based on its Global Sustainable Procurement Policy. Products using natural rubber, such as natural rubber and tires, are subject...
Kohshin Retread, a wholly owned subsidiary of Kohshin Rubber that manufactures and sells retread tires, held a ceremony on June 6 to mark the completion of its new headquarters and plant in the Watari Chuo Industrial Park, which will begin operations on June 10. The new headquarters and plant consist of an office building, a factory, a workshop and a...
Fukoku, a manufacturer of automotive rubber products, presented on May 22 its new medium-term management plan, which started this fiscal year and will end in fiscal 2027. In addition to the two business strategies of “strengthening existing businesses” and “expanding growth and new businesses,” the new medium-term plan aims to maximize profitability by reforming the management base with a focus...
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