tokai carbon

Tokai Carbon Moves to Boost Capacity, Open up Global Market With New US Acquisition

Carbon black manufacturer Tokai Carbon Co. Ltd. (TYO:5301) announced on June 26 that it has concluded an agreement to acquire all shares in U.S.-based carbon black manufacturer Sid Richardson Carbon Ltd. (SRC) and its affiliates SRCG Ltd. and New SRCG Genpar LLC. Tokai Carbon is set to pay a total of 34.1 billion yen ($308.74 million) for the acquisition, which...

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Tokai Carbon Expects Strong Business Performance to Continue

Carbon black manufacturer Tokai Carbon Co. Ltd. (TYO:5301) is enjoying strong business performance, with recently posted business results showing drastic increases to the company’s sales and profits. Sales for the year through December 2017 were up 19.9 percent from the previous year. Meanwhile, operating profit rose by 915.1 percent, ordinary profit by 678.3 percent, and net profit increased by approximately...

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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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Tokai Carbon Increases Price for Carbon Black as Oil Continues to Rise

Tokai Carbon Co. Ltd. (TYO:5301) has increased the price of its carbon black products by 3 yen per kilogram. The change was implemented for deliveries beginning Nov. 1, applying to all varieties of carbon black. A release from the company stated that the price of raw oil used in carbon black has been rising incrementally since bottoming out at the...

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Tokai Carbon at Full Production Capacity in Thailand, Pondering Overseas Expansion

Speaking recently on overseas operations, Tokai Carbon Co. Ltd. (TYO:5301) President Hajime Nagasaka said that production at the company’s subsidary Thai Tokai Carbon Product Co. Ltd. is currently operating at full capacity. The path to this, Nagasaka said, was not by getting into unreasonable price competition – it was by customers who had been using low-price goods from China and...

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Tokai Carbon to Shut Down Carbon Black Production Line at Ishinomaki Plant

Tokai Carbon Co. Ltd. (TYO:5301) is planning to shut down one of four carbon black production lines at its Ishinomaki plant in Ishinomaki, Miyagi Prefecture, Japan. Annual production capacity will be reduced from 60,000 to 46,000 tons within 2016. The plant supplies carbon black to tire factories and rubber-parts manufacturers throughout eastern Japan. In March 2011, production stopped after the...

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