ZEON Corporation has announced that its selling prices for synthetic latex will be raised as listed below.
| 1. |
Effective date |
| |
The price rise will come into effect for the September 21, 2004 product shipment.
|
| 2. |
Price increase by the product type |
| |
| SB latex: |
30 yen/kg(dry) |
| NBR latex: |
23 yen/kg(dry) |
| VP latex: |
22 yen/kg(dry) |
| Acrylate latex: |
61 yen/kg(dry) |
|
| 3. |
Reason for the price increase |
| |
Product profitability has continued to suffer due to price hikes of crude oil, naphtha, butadiene, styrene monomers, and acrylonitrile despite our continuing efforts to reduce manufacturing costs.
|
