price increase

Asahi Kasei Announces Price Hike for Synthetic Rubber, TPE

Asahi Kasei Corp. (TYO:3407) recently announced that it plans to increase the prices of its synthetic rubber and thermoplastic elastomer, among other products, starting from shipments on April 16. Prices per kilogram are set to rise by at least 25 yen ($0.24) for butadiene rubber, styrene–butadiene rubber, styrenic thermoplastic elastomer and hydrogenated styrenic elastomer. Meanwhile, the company’s clear styrenic block...

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Osaka Soda to Raise Epichlorohydrin Rubber Prices in January 2018

Osaka Soda Co. Ltd. (TYO:4046) will raise the price of its Epichlomer line of epichlorohydrin rubber by 35 yen ($0.31) per kilogram for shipments beginning Jan. 10, 2018. The company said that it has tried cost-cutting to deal with rising raw material prices. However, tighter epichlorohydrin supplies relative to demand, coupled with increasing prices for monomers and other primary ingredients,...

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Shin-Etsu to Hike Silicone Product Prices From January

Shin-Etsu Chemical Co. Ltd. (TYO:4063) has announced a price change for all of its silicone products. Starting from shipments for January next year, the company will raise prices by 10 to 20 percent. The price of metallic silicon – a main raw material for silicone – has risen, and further increases are expected, a Shin-Etsu representative says. As it has...

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Tokai Carbon to Raise Fine-Carbon Product Prices by 15%

Tokai Carbon Co. Ltd. (TYO:5301) has announced an increase of 15 percent over its current sales prices for fine-carbon, special-graphite products beginning with deliveries on July 1. The company explained that the price hike stems from a sharp decline in the special-graphite market caused by drastic changes in the balance of supply and demand. This situation has hurt profitability. Tokai...

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Bridgestone to Raise Seismic Isolation Rubber Prices by 10%

Bridgestone Corp. (TYO:5108) will increase the price of seismic isolation rubber shipped to Japanese manufacturers by 10 percent on July 1. The company attributes the price hike to the increasing cost of natural rubber required to make seismic isolation rubber, as well as to higher prices for petrochemical ingredients used in synthetic rubber and iron ore that serves as a...

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Pirelli Japan to Increase Domestic Tire Prices

Pirelli Japan Co. Ltd. has announced that it will increase the prices of its Pirelli and Metzeler-branded tires on June 1. Summer tires for passenger vehicles and SUVs will be increased in price by an average of 6 percent, and motorcycle tire prices will be increased by 6.5 percent. This will be followed by a 6-percent increase to passenger vehicle...

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