Home / Knowledge / News / Textiles / Tosoh to hike liquid caustic soda prices in Feb
Tosoh to hike liquid caustic soda prices in Feb
18
Dec '12
Tosoh Corporation is revising upward its domestic prices for liquid caustic soda. Product shipped on or after February 1, 2013, will increase in price by at least ¥13 per kilogram on a solid conversion basis.

Tosoh’s decision to hike prices stems from a desire to ensure a stable supply of caustic soda for domestic demand amid the company’s concerns for the viability of its electrolysis operations as worldwide demand for the products of those operations—chlorine derivatives and caustic soda—declines.

The decision comes as Tosoh’s other measures to ensure stable supply confront the increasingly harsh business conditions for the company’s electrolysis operations. To date, those measures have centered on the company’s aggressive marketing of the chlorine derivative products of its electrolysis process, domestically and abroad.

The company also has attempted to improve the profitability of its electrolysis operations and to thus sustain their production levels and stable supply through fixed and other cost reductions, energy savings, and rationalization.

Tosoh will continue to reduce its manufacturing, logistics, and other electrolysis-related costs. But the global decline in demand for caustic soda and chlorine derivates and the uncertain economic outlook compels the company to raise its prices for liquid caustic soda domestically.

Tosoh Corporation is a Japanese chemical company established in 1935 and listed on the First Section of the Tokyo Stock Exchange. It is the parent of the Tosoh Group, which comprises 130 companies worldwide and a multiethnic workforce of over 11,000 people and generated net sales of ¥687.1 billion (US$8.4 billion at the year-end rate of ¥82.19 to the US dollar) in fiscal 2012, ended March 31, 2012.

Tosoh is one of the largest chlor-alkali manufacturers in Asia. The Company supplies the plastic resins and an array of the basic chemicals that support modern life.

Tosoh Corporation

Must ReadView All

Textiles | On 29th Mar 2017

'Increase in demand for organic designer linen'

There has been an increase in the demand for organic designer linen....

Apparel/Garments | On 29th Mar 2017

Jo-Ann launches 'Buy Online, Pick Up in Store' service

Jo-Ann Fabric and Craft Stores, a specialty retailer of crafts and...

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search