Showa Denko KK (TYO:4004) is raising the price of its full line of chloroprene rubber (CR). Marketed as Showa Denko Chloroprene, the various grades of CR are being increased to at least 42 yen ($0.37) per kilogram, coming into effect for delivery from March 1. The company’s CR business is tied up in an environment that has gone into a...
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A string of price hikes is taking place with chloroprene rubber (CR) in the international market. Japanese companies Denka Co. Ltd. (TYO:4061), Tosoh Corp. (TYO:4042) and Showa Denko KK (TYO:4004) each have announced price increases, as has Netherlands-based Arlanxeo. The companies say that the reason for the price hikes is to ensure a stable product supply, as there is no...
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Sumitomo Rubber Industries Ltd. (TYO:5110) has developed a bridge-purposed ultra durability rubber bearing in collaboration with Central-Nexco Technical Marketing Co. Ltd. and Denka Co. Ltd. (TYO:4061). The new rubber bearing achieves a high degree of ozone resistance, employing a chloroprene rubber (CR) composition to make it 5,000 times more resistant than conventional natural rubber compounds. While Sumitomo Rubber is already...
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Synthetic rubber production fell 5.6 percent year-on-year to 773,584 tons in the first half of 2016, according to the Synthetic Rubber Industry Association of Japan. Production was down for all categories year-on-year, including a 6.1 percent decline for styrene-butadiene rubber (SBR), a 2.8 percent decline for polybutadiene rubber (BR) and a 2.2 percent decline for ethylene propylene diene terpolymer (EPT)....
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Showa Denko K.K. (TYO:4004) enjoyed strong chloroprene rubber (CR) business during the January-June half of 2016 despite a rise in the yen’s value against other currencies. Although the business verged on stagnation in Japan, South Korea and China, performance was solid in the U.S., Europe and Southeast Asia. In the U.S. in particular, products for automotive, construction and adhesive applications sold...
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China’s ministry of commerce has announced that it will reopen its examination of the anti-dumping duty on chloroprene rubber (CR), prompted by a complaint that was filed by a Chinese CR manufacturer. On the other side of the equation, with local users comprised largely of businesses that rely on CR imports, numerous CR manufacturers are seeking an impartial judgment. For...
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