1. Price increase by the product type
| (1) | Hydrocarbon resin (product name: Quintone) |
20 yen/kg | |
| (2) | Thermoplastic elastomer SIS (product name: Quintac) |
25 yen/kg | |
| (3) | Epoxy resin hardening agent (product name: Quinhard) |
30 yen/kg | |
| (4) | Water-type dispersant (product name: Quinflow) |
15 yen/kg | |
2. Effective date
The price rise will come into effect for the September 1, 2004 product shipment.
3. Reason for the price increase
Product profitability has continued to suffer due to rapid price hikes of crude oil and naphtha despite our continuing effects to reduce manufacturing costs.
