Notification of Price Increase for Synthetic Rubber
09/22,2005
ZEON Corporation has announced that its selling prices for synthetic rubber will be raised as listed below.
| 1. |
Price increase by the product type |
| |
| • SBR |
Non-oil extended |
17 yen/kg |
| |
Oil extended |
18 yen/kg |
| • BR |
|
17 yen/kg |
| • HSD |
|
18 yen/kg |
| • NBR |
|
17 yen/kg |
| • HNBR |
|
17 yen/kg |
| • PB |
|
18 yen/kg |
| • IR |
|
31 yen/kg |
| • CHR |
|
31 yen/kg |
| • ESD |
|
31 yen/kg |
| • AR |
|
15 yen/kg |
| • CM | |
A price increase is subject to any further revision of pricing for polymers and subsidiary materials. |
|
| 2. |
Effective date |
| |
The price rises will come into effect for the October 1, 2005 product delivery.
|
| 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, as well as rising utility costs, despite our continuing efforts to reduce manufacturing costs. Therefore it is difficult to ensure an ongoing stable supply without adjusting prices to maintain profitability.
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- ZEON Corporation, Corporate Communications & Public Affairs
Tel: +81-3-3216-2747
