synthetic rubber

Elastomer Industry Profits Grow Due to Falling Raw Material Costs

Two large synthetic rubber manufacturers, JSR Corp. (TYO:4185) and Zeon Corp. (TYO:4205), recently released their business results for the first quarter of fiscal 2017. Both companies saw a significant increase to their elastomer division profits for the quarter, including profits for synthetic rubber. This profit growth is caused by an increase in the spread between elastomer material costs and selling...

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Zeon to Develop New Synthetic Rubber Grades and Technical Services

Zeon Corp.’s (TYO:4205) synthetic rubber business is doing well at present. As for specialty rubber not used in tires specifically, rising operation rates of oil wells thanks to renewed shale gas production have been a boon for hydrogenated nitrile butadiene rubber (HNBR) and nitrile rubber (NBR). Zeon is opening the Asia Technical Support Laboratory (ATSL) in Singapore this month to...

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Synthetic Rubber Shipping Volume Increases for Third Straight Term

The category-based shipping volume of synthetic rubber for January to March increased to 434,413 tons, up 4.4 percent from the same period a year earlier, according to the Japan Rubber Manufacturers Association (JRMA). Following the July–September and October–December quarters, this marks a year-on-year growth in volume for the third straight term in a row. Domestic shipping volume grew by 2.3...

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Synthetic Rubber Shipments Increase 0.9% in 2016

The Japan Rubber Manufacturers Association (JRMA) has released its synthetic rubber shipment figures for calendar 2016, revealing a small year-on-year increase of 0.9 percent at a total of 1,647,408 tons. The annual shipment figures totaled at 867,364 tons domestically, an increase of 2.5 percent from last year, and 540,814 tons internationally, an increase of 3.7 percent. Chloroprene rubber and isobutylene-isoprene...

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Prices Trending High for Natural Rubber, Synthetic Rubber

Natural rubber (NR) continues to trend at high price levels, currently running at around double those of early 2016. A steep run-up has come in a short period of time, spiking since last autumn. The high prices are set to strongly impact profit margins of rubber product manufacturers. Most notable are tire manufacturers, who make heavy use of NR. Current...

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JSR Hikes Prices on Synthetic Rubber and Emulsion Products

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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