Nippon A&L Inc. has announced that it will increase the price of its synthetic latex rubber starting from April 1. Per dry kilogram, the company will increase the prices of its latex for paper processing by 50 yen ($0.45), general manufacturing latex by 55 yen, nitrile-butadiene rubber (NBR) latex by 65 yen and vinylpyridine (VP) latex by 75 yen. According...
Kumho Tire Japan Inc. will increase its domestic prices on tires by 7 percent from April 1, following a similar announcement made recently by Yokohama Rubber Co. Ltd. (TYO:5101). The change will apply to tires for passenger vehicles, vans, trucks and buses. A representative from Kumho Tire stated that the company could not absorb the rising prices of both natural...
Arlanxeo announced on March 1 a same-day price increase for its Baypren chloroprene rubber (CR) across South America, Europe, the Middle East, Africa and Asia. With the markup, the price now becomes 700 euros per ton. The company said that the decision for the price hike came on account of production costs and overall market trends over the last several...
Yokohama Rubber Co. Ltd. (TYO:5101) will raise its wholesale prices for tires in the domestic market from April 1. Products to see price hikes are tires, tubes and flaps sold in Japan. Summer passenger tires and summer and winter van tires will see a price hike of 6 percent. Meanwhile a 7-percent price hike will be imposed on summer and...
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...
JSR Corp. (TYO:4185) has raised its prices on synthetic rubber and emulsion products, starting with deliveries from Feb. 1. The company says that the hikes are in response to increased prices of raw materials in domestic naphtha. These come on the back of a weakening yen and the high price of crude oil, along with skyrocketing butadiene prices since last...
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