Showa Denko Decides To Raise Chloroprene Rubber Price

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TOKYO, Apr 27, 2022 – (ACN Newswire) – Showa Denko (SDK) (TOKYO: 4004) has decided to raise prices of its chloroprene rubber (a kind of synthetic resin marketed under trade name of Showa Denko Chloroprene) by JPY60/kg or more, which is equivalent to US$470/m.t or more for US-dollar-based transactions and EUR440/m.t. or more for euro-based transactions. The new prices will be effective from May 16, 2022 on shipping date basis.

Showa Denko Chloroprene has the advantage of being highly efficient at oil resistance, thermal resistance, weather resistance, and incombustibility. Showa Denko Chloroprene's fluid latex products are used for various purposes including medical instruments, adhesives, and waterproofing agents, and its solid dry-tip products are used as parts for automobiles, civil engineering, construction, and other industrial use.

Business environment of Showa Denko Chloroprene remains severe due to a substantial rise in prices of raw materials and electricity charges caused by surging fuel prices. SDK has been making effort to reduce production costs of chloroprene through streamlining of production process. This time, however, we concluded that the Company is under the necessity to raise prices of chloroprene in order to ensure stable supply of our products, and decided to ask our customers to share in a rise in cost of chloroprene rubber. We appreciate our customers understanding on this matter in advance.

Despre Showa Denko KK

Showa Denko KK (SDK; TSE:4004, ADR:SHWDY) este un producător important de produse chimice care servește de la industria grea la computere și electronice. Sectorul Petrochimic furnizează produse de cracare precum etilena și propilena, Sectorul Chimice furnizează gaze industriale, de înaltă performanță și de înaltă puritate și produse chimice pentru semiconstructii și alte industrii, Sectorul Anorganic furnizează produse ceramice, cum ar fi alumină, abrazivi, refractare/grafit. electrozi și produse din carbon fin. Sectorul Aluminiu furnizează materiale din aluminiu și aluminiu fabricat cu valoare adăugată ridicată, Sectorul Electronică oferă suport HD, semiconductori compuși, cum ar fi LED-uri foarte strălucitoare și aliaje magnetice cu pământuri rare, iar Departamentul pentru Materiale Avansate pentru Baterii (ABM) oferă litiu-ion. componentele bateriei. Pentru mai multe informatii va rugam vizitati www.sdk.co.jp/english/.

Contact media:
Showa Denko KK, Grup de Relații Publice, Departamentul de Comunicare a mărcii, Tel: 81-3-5470-3235

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comShowa Denko (SDK) (TOKYO: 4004) has decided to raise prices of its chloroprene rubber (a kind of synthetic resin marketed under trade name of Showa Denko Chloroprene) by JPY60/kg or more, which is equivalent to US$470/m.t or more for US-dollar-based transactions and EUR440/m.t. or more for euro-based transactions. The new prices will be effective from May 16, 2022 on shipping date basis.