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Resonac Confirms CO2 Emissions Reduction in Low-Carbon Ammonia Production

on January 18, 2023 in Materials

Chemical company Resonac (formerly Showa Denko K.K.) has confirmed that the “low-carbon ammonia” manufactured by its Kawasaki Plant (Kawasaki City, Kanagawa Prefecture) from used plastics emits over 80 percent less CO2 and other greenhouse gases (GHG) during the manufacturing process compared to ammonia made from fossil fuels. The CO2 emissions calculation process conducted by the company was recognized by a...

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Showa Denko to Increase Chloroprene Rubber Prices

on August 27, 2021 in Materials

Showa Denko KK (TYO:4004) announced on Aug. 20 that it intends to increase the selling price of its chloroprene rubber by 42 yen ($0.38) per kilogram, starting with shipments made on Sept. 10. Explaining the price hike, Showa Denko said that the business environment around its chloroprene rubber business has rapidly worsened of late. The company pointed here to tight...

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Showa Denko Sees Decline in Chloroprene Rubber Sales for First Quarter

on May 29, 2020 in Market Background, Materials

Showa Denko KK (TYO:4004) recently released its business results for the first quarter of calendar 2020, revealing a decline in both sales and profit metrics. The company posted sales of 171.73 billion yen ($1.6 billion), down 26.8 percent from the same period last year; operating income of just under 2.47 billion yen, down by 94.6 percent; and ordinary income of...

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Showa Denko Posts Major Increase to Sales and Income, Strong Propylene Results

on February 20, 2019 in Market Background

Showa Denko KK (TYO:4004) recently revealed that it achieved an increase to both sales revenue and income for calendar 2018. The company posted sales of 992.14 billion yen ($8.97 billion) for the year, up by 27.1 percent over figures from 2017. Meanwhile, operating income was up 131.6 percent year-on-year to reach just over 180 billion yen, with ordinary income up...

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Showa Denko Increases Prices for Entire Range of Chloroprene Rubber

on February 16, 2017 in Materials

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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Japanese Manufacturers, Arlanxeo Increase Prices for Chloroprene Rubber

on November 22, 2016 in Industry, Products

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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