Tosoh Invests 75 Billion Yen to Expand Chloroprene Rubber Production Capacity
Tosoh Corporation announced that it will invest 75 billion yen to build a second production facility in Nanyang Industrial Park, Shunan City, Yamaguchi Prefecture, Japan to increase its chloroprene rubber production capacity to meet the growing global demand for chloroprene rubber.
Construction work will start in 2027, and commercial production is scheduled to start in spring 2030. After the new plant is put into operation, the Japanese group's Skyprene brand chloroprene rubber production capacity will increase by 22,000 tons per year.
Chloroprene rubber is a high-performance functional polymer and a value-added material in Tosoh's chemical chain business. It is widely used in automotive hoses, belts, industrial parts, adhesives and medical gloves. With excellent oil resistance, weather resistance and flame retardancy, this special synthetic rubber has important applications in many industries.
Tosoh's expansion aims to respond to global demand growth, ensure stable supply, and improve profitability by expanding production capacity.
As of June 2025, the Japanese chloroprene rubber market price remains in the range of US$7,000-7,200/ton, which has rebounded from the end of 2024. The price increase is mainly affected by the high price of butadiene, the rising domestic energy and logistics costs, and the general increase in manufacturing costs. Some companies, such as Bridgestone, have begun to increase the prices of related products.
At present, Japan's chloroprene rubber production capacity is concentrated in a few companies, among which Tosoh is the leader. Against the backdrop of the expansion of the electric vehicle industry and the recovery of industrial manufacturing, downstream demand continues to grow, and tight supply and demand support prices, which also prompts Tosoh to accelerate production expansion to consolidate its future market position.
The investment in the construction of new production facilities reflects Tosoh's optimism about the global specialty rubber market, and is also in line with the current trend of stable and positive development of the Japanese chloroprene rubber market. Tosoh's expansion plan strengthens its market expectations, helps stabilize the global supply pattern of high-end chloroprene rubber, and consolidates Japan's international leading position in this field.
2026-10-16
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Tosoh Unveils 2050 Carbon Neutrality Plan
-
The Japanese polyurethane chemical giant announced that it will stop producing TDI!
-
As Middle East Supply Faces Disruptions, SABIC's 1.8 Million Mt/Year Methanol New Project Secures Saudi Feedstock Quota
-
“Shutdown Equals Price Hike”: TDI Market Enters a New Era of “Scarcity Games”
-
Westlake Acquires ACI's Composites Business to Expand Global Footprint
-
IMCD Opens Beauty and Personal Care Lab in California
-
Wanhua Chemical Expands TPU Production by 200,000 Tons with RMB 287 Million Investment
-
South Korea Moves Urgently to Control Petrochemical Feedstock Hoarding as Supply Chain Risk Escalates to the National Security Level
-
Ancora Offers Up to $1.2 Billion for H.B. Fuller Building Adhesives Business
-
Braskem Weighs Out-of-Court Restructuring as $10 Billion Debt Burden Deepens Petrochemical Crisis
Recommend Reading
-
Sinochem International Acquires Nantong Xingchen for 2.11 Billion Yuan, Rike Chemical Plans Genyuan New Materials Acquisition – The Changing Landscape of Chemical M&A
-
Haldia Petrochemicals Pipeline Fire in India Adds Uncertainty to Asia's Naphtha Market
-
Covestro Builds New 660,000-ton MDI Plant in China: Global Supply Gap Meets Chinese Overcapacity Head-On
-
“An €8 Billion Loss, Yet a 25% Price Hike”: Wacker Chemie’s Contradictory Crisis—Survival Move or Desperate Gamble?
-
“The C Empire Unites!”: Wanhua Chemical’s $26.5 Billion Bet on Ethylene Integration—Is It Becoming China’s BASF or the New Global Olefins Overlord?
-
Business Society DOP Trend Analysis, September 22, 2026: Clear Decline
-
Business Society September 21, 2026 Maleic Anhydride Trend Analysis: Volatility
-
Negotiation Expectations Warming Up Trigger Geopolitical Premium Retreat, Crude Oil Significantly Corrects
-
Business Society September 22, 2026 Styrene Trend Analysis: High-Level Volatility
-
Business Society September 21, 2026 Hydrofluoric Acid Trend Analysis: Volatility