Asahi Kasei Corp. (TYO:3407) has raised the prices for its Tuftec and S.O.E. hydrogenated styrenic thermoplastic elastomer products to 25 yen ($0.24) or more per kilo, starting with November 16 shipments. The chemicals manufacturer said that the price hike is due to manufacturing cost increases far beyond the range it can cover through its own cost-cutting efforts, being necessary then...
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Dow Chemical Japan Ltd. has announced that it will be raising prices on its propylene-based glycol ether solvents by 30 yen ($0.28) per kilogram. The company will apply this change to all shipments starting Oct. 21. Explaining the move, Dow Chemical Japan said that profitability for propylene glycols has been worsening due to a surge in raw material costs, creating...
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Zeon Corp. (TYO:4205) recently announced that it will be increasing its synthetic rubber prices starting with shipments made on Aug. 17. This will see prices here rise by 11–22 yen per kilogram ($0.10–$0.21). The price hike will apply to products manufactured at Zeon’s domestic Japanese facilities, and will differ between general rubber and specialist rubber products. This will be Zeon’s...
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JSR Corp. (TYO:4185) has announced that it will be raising prices on synthetic rubber and emulsion products set to be delivered from July 1 onward. This is being applied to products manufactured at the company’s domestic Japanese plants, with prices raised by at least 20 yen ($0.19) per kilogram for both synthetic rubber and emulsion products. The extra revenue obtained...
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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 four largest tire manufacturers have now all announced price increases on aftermarket tires for domestic sale. After Bridgestone Corp. (TYO:5108) announced such a price hike on June 5, Yokohama Rubber Co. Ltd. (TYO:5101) came out with its own on June 14, with Sumitomo Rubber Industries Ltd. (TYO:5110) then following suit on June 21 and Toyo Tire Corp. (TYO:5105) on...
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