Japan’s Carbon Black Association has in its mid-year review of carbon black demand revised its forecast of total demand – including exports – for the year to 754,670 tons, up 5.0 percent from the previous year. This marks a downward revision of 0.4 points from the initial forecast of 757,840 tons, which would have seen an increase of 5.4 percent....
carbon black
Asahi Carbon Raises Price of Carbon Black Effective August 1
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...
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Tokai Carbon Plans Proactive Efforts for Recycling Tire Waste Into Carbon
Tokai Carbon Co. Ltd. (TYO:5301) has clarified its plans for pursuing sustainable efforts in the form of tire waste recycling. In a broad sense, Japan’s largest manufacturer of carbon black noted two key ways in which the industry can contribute to the recycling of used tires. The first of these, the company said, is the production of recycled carbon, while...
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Carbon Black Demand Expected to Rise 6.4% for 2022
Japan’s Carbon Black Association has released a forecast of the country’s carbon black demand for 2022, including exports. This points to total demand in the market increasing 6.4 percent year-on-year to 757,840 tons. Looking at carbon black demand for rubber applications specifically, the Carbon Black Association has projected demand growth of 6.8 percent year-on-year to 667,486 tons, including exports. This...
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Tokai Carbon Looks to Boost Carbon Black Profitability With New Management Plan
Tokai Carbon Co. Ltd. (TYO:5301) President Hajime Nagasaka has unveiled T-2023, the company’s new three-year medium-term management plan. The company aims to end the plan in fiscal 2023 with record-high sales revenue of 320 billion yen ($2.94 billion), as well as operating income of 57 billion yen, an ROS figure of 18 percent and an EBITDA of 86 billion yen....
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Tokai Carbon Plans Price Hike for May, Citing Cost Increases
Tokai Carbon Co. Ltd. (TYO:5301) announced on April 12 that it will be implementing a price hike on shipments of all carbon black grades from its domestic Japanese plants, including export shipments. The price increase is set to come to 26.8 yen ($0.25) per kilogram, which will be put into effect starting with shipments made on May 1. Explaining its...
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