Butadiene prices in the Asian market dropped back slightly for 2018 after surging up in 2017. This then formed the topic at a recent executive meeting of the Japan Rubber Manufacturers Association (JRMA), with the association covering a range of information about trends in the market. Looking back, the meeting highlighted that butadiene prices continued to rise – in conjunction...
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Demand for synthetic rubber is projected to keep up a strong performance for the second half of fiscal 2018, spanning October–March. While the first half of the fiscal year saw raw material cost trends drive falling profits in some areas, demand itself has been stable on the whole, with some product types continuing to see tightness in the supply–demand balance....
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Kiyoshi Doi, president of major oil seal producer NOK Corp. (TYO:7240), recently provided his thoughts on how the ongoing trade war between the U.S. and China is impacting his company’s business. NOK’s operations see the company ship products both from the U.S. to China and vice versa, Doi said. He therefore expects that tariffs being placed on these products will...
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