TOKYO (Dec. 9, 2010)—Denki Kagaku Kogyo K.K. said it will increase the price of Denka chloroprene rubber by at least $500 per metric ton effective Jan. 1 across all overseas markets and end users.
The firm said it continues to experience higher raw material, energy and logistics costs. It added that environmental costs along with an investment in a plant expansion “have put substantial pressure on our business enterprises.”