Zeon increasing prices for synthetic rubber materials

Tokyo – Zeon Corp. is revising up synthetic rubber prices due to continued pressure of high costs, the company has announced.

Effective 1 July, Zeon is increasing the price for hydrogenated nitrile butadiene rubber (HNBR) and ZSC products by Yen40/kg, said Zeon 15 June.

The Japanese group describes Zeoforte ZSC series as 'composite materials in which zinc methacrylate is highly dispersed into Zetpol HNBR.'

Zeon is also raising pricing for chlorosulfonated polyethylene rubber (CM) by a level linked to a “polymer price revision range and secondary material price revision range”.

The Tokyo-based group cited continuing pressures on the cost of production as the main reason for the materials price increases.

These pressures, it said, include rising costs for facility maintenance, secondary raw materials, utilities and packaging.

“The manufacturing costs are beyond the scope of self-help efforts, [and] we will raise prices in order to maintain a stable supply of products,” Zeon concluded.