Denka raising prices for acrylic special rubber

Tokyo - Denka Co. Ltd is raising prices for acrylic special rubber marketed under the brand “Denka ER”, the company has announced.

The price hike of “more than $1,000 (€846) per tonne” will come into effect 21 Sept, said the Japanese materials supplier in a statement 7 Sept.

“We are facing difficulty of cost increase in our production, such as raw materials, and cannot absorb all of the cost increase,” said Denka.

The increase in prices, it added, will help “maintain the stable supply and business continuity.”