Tosoh announced that it will raise the price of its chloroprene rubber product Skyprene (sulfur-modified grade) effective with shipments on or after September 19. The increase will be at least 120 yen ($0.81) per kilogram for domestic customers and at least $800 per metric ton for exports. Tosoh said that while it has implemented cost-reduction measures, labor savings, and logistics...
Tosoh has decided to expand its chloroprene rubber (CR) production capacity, investing approximately 75 billion yen ($520 million) to build a second CR plant at its Nanyo Complex in Shunan City, Yamaguchi Prefecture. The new facility will increase annual production capacity by 22,000 tons, bringing Tosoh’s total CR supply capacity to 59,000 tons, combined with the existing 37,000-ton capacity. Construction...
Tosoh has developed a bio-based chlorosulfonated polyethylene (CSM) rubber marketed under its Toso-CSM brand, and established mass production technology. This marks the world’s first development of a chlorosulfonated polyethylene product utilizing bio-based materials. Toso-CSM is widely used in industrial products, adhesives, rubber-coated fabrics, and handrails. Known for its high durability, it contributes to the extended lifespan of products and has...
Tosoh’s chloroprene rubber (CR) business in the first half of fiscal 2024 (April-September) posted higher sales and profits on the back of positive overall sales volume. Although Japanese domestic sales increased slightly, exports grew and drove overall sales, while production remained at high capacity. “Dry bulk carriers were worse than expected in 2023, but after bottoming out in July-September and...
Tosoh reported for the first half (April-September) of the fiscal year ending March 31, 2025, net sales of 527.62 billion yen ($3.43 billion), up 8.6% year-on-year; operating income of 47.39 billion yen, up 47.6%; ordinary income of 45.11 billion yen, up 1.6%; and net income of 24.94 billion yen, down 6.6%. Among the segments, the petrochemical business posted sales of...
Tosoh’s CR sales volume declined only a few percent in the previous fiscal year ending March 2024, with sales benefiting from the weaker yen. Japanese domestic demand began to recover in the second half of the year, but was impacted by production stoppages at some automakers. Overseas, on the other hand, sales were affected by inventory adjustments by users in...
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