29 Mar

Showa Denko to Raise Chloroprene Rubber Price

Showa Denko (SDK) (TOKYO:4004) has decided to increase its chloroprene rubber price globally. The new price will be effective from April 01, 2017. This increase is additional to our last price-change announcement on January 25, 2017 for global markets.

We have avoided raising our prices for as long as possible, but we can no longer prolong the inevitable. The price will be increased by US$600/m.t. (=US$0.27/lb.) or more for US-dollar-based transactions, or by €550/m.t. for euro-based transactions. The rate of increase may differ between areas and customers while will be subject to the terms of applicable contracts.

Due to rising key material costs, the current chloroprene rubber price does not fully reflect the increases in production costs and other business circumstances. Thus, SDK has concluded that it has no alternative but to raise price in order to ensure the stable supply of chloroprene rubber and the continuation of its business.

For further information, contact:
Showa Denko America Inc.(Phone: 1-212-370-0033 or sales@showadenko.us)

25 Jan

Showa Denko to Raise Chloroprene Rubber Price

Showa Denko (SDK) (TOKYO:4004) has decided to increase its chloroprene rubber price globally. The new price will be effective from February 16, 2017. This increase is additional to our last price-change announcement on November 8, 2016 for European and Asian markets.

We have avoided raising our prices for as long as possible, but we can no longer prolong the inevitable. The price will be increased by US$400/m.t. (=US$0.18/lb.) or more for US-dollar-based transactions, or by €360/m.t. for euro-based transactions. The rate of increase may differ between areas and customers while will be subject to the terms of applicable contracts.

Due to rising key material costs, the current chloroprene rubber price does not fully reflect the increases in production costs and other business circumstances. Thus, SDK has concluded that it has no alternative but to raise price in order to ensure the stable supply of chloroprene rubber and the continuation of its business.

For further information, contact:
Showa Denko America Inc.(Phone: 1-212-370-0033 or sales@showadenko.us)

18 Apr

The ASC Spring Convention & EXPO will be held April 18-20, 2016 at the Hilton New Orleans Riverfront

We will introduce the new chloroprene latex for the water based adhesive market. Please visit booth # 302 to see how we can meet your needs. The ASC Convention is a three day event that will include concurrent technical sessions focusing on business development and market trends, government relations issues, and advanced technology. The EXPO will be held on Tuesday, April 19th from 3:30-7:00pm.

http://www.ascouncil.org/events/EventDetails.aspx?id=637701&group=

01 Mar

The Growth of Showa Denko’s Chloroprene Business Supported by Adding West Coast Warehouse

Showa Denko’s presence to supply polychloroprene, in both dry chip and latex forms, has continued to grow since the USA subsidiary was established 35 years ago. Although Showa Denko had been producing neoprene with DuPont since 1960 through a joint venture, there had been a 55% tariff on chloroprene imports to North America until 2010 which limited the growth potential.
At this point in time Showa Denko’s high quality materials, technical service, and commitment to their end customer’s success has led to a positive reception in the market.
Their first big footprint in the US market was in 2012 when the group opened a warehouse in central Ohio to support the heart of the rubber industry. The growth of Showa Denko has continued to bolster as new grades are developed for various applications. Many new materials have been developed for niche industries to increase product lifetime, reduce allergy concerns, or increase properties that other polymers cannot offer.
Beginning January 2016, Showa Denko opened a new warehouse in the greater Los Angeles area of Southern California. The primary goal of their new distribution hub is to support the West Coast rubber business. This warehouse also acts as a means to increase the total US inventory to minimize risk of any future port strikes. With the addition of this new location, Showa Denko plans to be more competitive and remains dedicated to the technical aspects of their customers production.