ZEON Corporation has announced that its selling prices for synthetic latex will be raised as listed below.
May 29, 2006
1. Price increase by the product type
SB latex: 13 yen/kg(dry)
NBR latex: 16 yen/kg(dry)
VP latex: 13 yen/kg(dry)
2. Effective date
The price rise will come into effect for the June 11, 2006 product delivery.
3. Reason for the price increase
Product profitability has continued to row materials despite our continuing efforts to reduce manufacturing costs.