Tokai Carbon Co. Ltd.’s (TYO:5301) carbon black business is on the rebound after bottoming out during the April–June quarter, says President Hajime Nagasaka. Speaking at a financial results briefing on Nov. 5, Nagasaka said that demand is recovering particularly in the U.S. and Thai markets, adding that the company’s U.S. production bases have utilization rates up in the 90–95 percent...
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Tokai Carbon Co. Ltd. (TYO:5301) has raised prices by 6 yen per kilogram for all carbon black products, implementing this for all shipments to be delivered from May 1 onward. In explaining the price increase, the major carbon black manufacturer says that, due to the International Maritime Organization (IMO) tightening its restrictions on the permitted sulfur content of bunker fuel,...
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Tokai Carbon Co. Ltd. (TYO:5301) announced on April 13 that it will be raising the prices of all of its carbon black product categories by 6 yen ($0.06) per kilogram. The price hike is to go into effect on May 1. In explaining the decision, Tokai Carbon said that with the International Maritime Organization (IMO) tightening its regulations on the...
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Japan’s total demand for carbon black is expected to drop for a second consecutive year, according to a recent forecast from the country’s Carbon Black Association. Including exports, demand here is estimated at 775,218 tons for 2020, which would mark a year-on-year decline of 0.6 percent. Demand for rubber applications – this being calculated based on forecasts of customer sectors...
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Boasting a history of more than 130 years, Cabot Corp. is the world’s largest producer of carbon black. Noriaki Yamanashi, head of the company’s Japanese arm, Cabot Japan KK, said that his company’s existence has significant meaning for the parent firm, with Japan serving as a base to hold dialogues with some of the world’s leading tire manufacturers. Cabot has...
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Tokai Carbon Co. Ltd. (TYO:5301) has positioned its carbon black business as a major base of revenue within T-2021, a new medium-term management plan set to run from 2019 to 2021. Under this plan, Tokai Carbon’s carbon black business is projected to generate 124 billion yen for 2021, up from a 115.3 billion projection for 2019. Operating profit from the...
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