ZEON Corporation has announced that its selling prices for synthetic latex will be raised as listed below.
May 23, 2007
1. Price increase by the product type
SB latex: 19 yen/kg(dry)
NBR latex: 27 yen/kg(dry)
Acrylate latex: 19 yen/kg(dry)
2. Effective date
The price rise will come into effect for the June 1, 2007 product delivery.
3. Reason for the price increase
Product profitability has continued to row materials despite our continuing efforts to reduce manufacturing costs.