Navigation

chloroprene rubber

Denka Temporarily Suspends U.S. Chloroprene Rubber Plant

on May 19, 2025 in Industry

Denka announced that its U.S. subsidiary, Denka Performance Elastomer (DPE), will not resume operations at its chloroprene rubber (CR) manufacturing facility, currently shut down for scheduled maintenance, and will instead place it on indefinite suspension. The company faced significant profit deterioration due to DPE’s struggling CR business, recording a special loss of approximately 16.1 billion yen ($107.33 million) for fixed...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Denka Considers Drastic Measures in Chloroprene Rubber Business

on May 20, 2024 in Materials

Denka is considering to decide on drastic measures for its chloroprene rubber (CR) business by the end of 2024. President Toshio Imai will “consider all options,” centered on a close examination of optimal production capacity, including capacity reductions. The environment surrounding the CR business is severe. While the supply-demand balance has eased significantly since the latter half of fiscal 2022,...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Pipe Ruptures at Denka’s Chloroprene Rubber Manufacturing Facility

on June 23, 2023 in Industry

On June 14, Denka announced that a pipe burst during maintenance work at a manufacturing facility in its Aomi Plant in Itoigawa City, Niigata Prefecture. The cause of the accident is under investigation. The chloroprene rubber (CR) manufacturing facility where the accident occurred has been shut down, and the other lines are partially operating under the safety priority. Customers will...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Tosoh Maintains Steady Chloroprene Rubber Results Year-on-Year

on August 9, 2022 in Market Background, Materials

Chemical company Tosoh has posted its results for the first quarter of fiscal 2022, revealing sales revenue of 252.33 billion yen ($1.87 billion), up 25.4 percent year-on-year; operating income of 30.31 billion yen, up 0.5 percent; ordinary income of 43.62 billion yen, up 35.9 percent; and net income of 28.44 billion yen, up 31 percent. Each of these figures represents...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Denka Says Demand for Chloroprene Rubber to Remain High in FY2022

on July 7, 2022 in Industry

Denka’s chloroprene rubber (CR) business saw full production and sales in fiscal 2021. Demand inquiries remained strong, and sales for automotive, industrial, and adhesive applications were all favorable. Although Denka Performance Elastomer, the company’s U.S. base, was forced to suspend production in September and October as a raw material supplier sustained damages by a hurricane, it started up in November...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Showa Denko to Increase Chloroprene Rubber Prices

on August 27, 2021 in Materials

Showa Denko KK (TYO:4004) announced on Aug. 20 that it intends to increase the selling price of its chloroprene rubber by 42 yen ($0.38) per kilogram, starting with shipments made on Sept. 10. Explaining the price hike, Showa Denko said that the business environment around its chloroprene rubber business has rapidly worsened of late. The company pointed here to tight...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading