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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...

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Special Feature on Current Status of Synthetic Rubber: Tosoh　

on January 7, 2025 in Materials

Tosoh’s chloroprene rubber (CR) business in the first half of fiscal 2024 (April-September) posted higher sales and profits on the back of positive overall sales volume. Although Japanese domestic sales increased slightly, exports grew and drove overall sales, while production remained at high capacity. “Dry bulk carriers were worse than expected in 2023, but after bottoming out in July-September and...

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Report: Denka Expects Moderate CR Recovery, Expands Evolmer Into Tire Bladders

on July 23, 2024 in Materials

Denka’s chloroprene rubber (CR) business experienced weak sales in the previous fiscal year (April 2023-March 2024). “The poor sales trend of the first half continued into the second half of the fiscal year,” the company said. Initially, it had expected a recovery in the second half of the year, but there was no boost in terms of volume, and both...

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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,...

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Chloroprene Rubber Volumes and Prices Likely to Bottom Out in Second Half

on November 24, 2023 in Market Background, Materials

Chloroprene rubber (CR) sales volume and prices are likely to bottom out in the second half of fiscal 2023 (October-March 2024). This comes with demand for CR currently being sluggish due to weak demand for industrial goods and adhesive applications, as well as inventory adjustment in automotive applications, where demand has been recovering. Supply chain inventories have built up significantly...

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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...

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