Mitsui Chemicals announced a price increase of 25 yen ($0.16) or more per kilogram for its elastomer products — Tafmer, Mitsui EPT, and Lucant — effective from deliveries starting May 1. “In recent years, fixed costs such as repair and labor expenses, along with logistics and auxiliary material costs, have been rising,” the company said. “We have reached a point...
Toyo Tires announced a price increase of up to 10% for the manufacturer’s shipping prices of its Japanese domestic retail tires. The price hike applies to all domestic retail tire products under the Toyo Tires and Nitto Tire brands, as well as tubes and flaps. The increase will take effect for summer tires starting June 1 and for winter tires...
Bridgestone announced that it will raise the manufacturer’s shipping prices for tires marketed in Japan. The price increase will take effect for summer tires starting June 1 and for winter tires starting September 1. The price increases will be applied to domestic aftermarket tires (summer and winter), tubes, and flaps, and will range from 6 to 8% (average for each...
Resonac announced that it will raise the Japanese domestic sales price of chlorinated polyethylene, a type of synthetic resin sold under the brand name Elaslen, for deliveries on April 1. The products subject to the price increase and the price increase range are 45 yen ($0.30) or more per kilogram for Elaslen powder and 55 yen or more per kilogram...
Tsurumi Chemical will raise the prices of all sulfur products for shipments on April 1. The price increase is 8 yen ($0.05) per kilogram for soluble sulfur and 3 yen per kilogram for insoluble sulfur. “In addition to an increase in procurement costs due to a change in suppliers following the withdrawal of our main raw material supplier from business,...
Mitsuboshi Belting announced that it will raise the prices of its belt products beginning with orders received on May 1. The price increase applies to transmission belts (friction transmission belts and timing belts), other transmission-related products, conveyor belts (plastic and rubber), and other conveyor-related products, all of which will increase by 10% or more. “In recent years, prices of raw...
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