carbon black

Tokai Carbon Set to Hugely Outperform Targets From T-2018 Management Plan

Tokai Carbon Co. Ltd. (TYO:5301) appears likely to significantly exceed targets set under T-2018, the company’s medium-term management plan slated to end this fiscal year after a three-year run. Coming as a result of increased product prices and other such factors, the company now expects to post annual figures far above its initial targets of 110 billion yen ($990.23 million)...

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Carbon Black Association Makes Upward Revision to 2018 Demand Forecast

The Carbon Black Association has upwardly revised its demand forecast for carbon black in a midyear revision. Under the association’s new estimates, total demand for domestic product this year – including exports – is now set to hit 765,050 tons. Previously, this figure was projected at 759,049 tons, which would have represented a flat growth rate based on non-finalized demand...

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Tokai Carbon Moves to Boost Capacity, Open up Global Market With New US Acquisition

Carbon black manufacturer Tokai Carbon Co. Ltd. (TYO:5301) announced on June 26 that it has concluded an agreement to acquire all shares in U.S.-based carbon black manufacturer Sid Richardson Carbon Ltd. (SRC) and its affiliates SRCG Ltd. and New SRCG Genpar LLC. Tokai Carbon is set to pay a total of 34.1 billion yen ($308.74 million) for the acquisition, which...

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Tokai Carbon Expects Strong Business Performance to Continue

Carbon black manufacturer Tokai Carbon Co. Ltd. (TYO:5301) is enjoying strong business performance, with recently posted business results showing drastic increases to the company’s sales and profits. Sales for the year through December 2017 were up 19.9 percent from the previous year. Meanwhile, operating profit rose by 915.1 percent, ordinary profit by 678.3 percent, and net profit increased by approximately...

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Japan’s Carbon Black Production Rises 0.3% for January–September

Domestic carbon black production increased 0.3 percent year-on-year to 419,983 tons for the first nine months of 2017, according to figures from the Carbon Black Association of Japan. Furnace black for rubber totaled 392,964 tons, up 0.5 percent. Meanwhile, other carbon black for non-rubber applications totaled 27,019 tons, down 2.8 percent. The total shipment volume for the period was 413,336...

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Carbon Black Association Releases Updated Demand Estimates for 2017

The Carbon Black Association of Japan has released a mid-year update to its estimates of 2017 demand for carbon black. Demand including exports is now projected to rise 0.5 percent from last year to a total of 750,785 tons. While demand in tons has been downwardly revised from the previously projected 753,115 tons, the new figures indicate higher expected growth...

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