ZEON Corporation has announced that its selling prices for synthetic rubber will be raised as listed below.
September 22, 2005
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.
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.