The Yokohama Rubber Co., has announced that it is participating as a collaborating organisation in a Japan Ministry of the Environment (MoE) project using advanced technology for evaluating and verifying sustainable procurement of natural capital from the ASEAN region, which is being implemented as one of the Japan government’s Cabinet Office programs for ‘Bridging the gap between R&D and the IDeal society (society 5.0) and Generating Economic and social value (BRIDGE).’

The Project was selected for funding by the Environmental Restoration and Conservation Agency of Japan (ERCA), an independent administrative institution, under its program for overseas surveys and compliance with international rules targeting the procurement of recycled resources such as metals and natural resources in foreign countries. The Project will be carried out for one year from April 2024 to March 2025.
It is being conducted by Mizuho Research & Technologies, in collaboration with Kokusai Kogyo Co., and will utilise advanced technologies, such as remote-sensing technology, to accurately grasp the size of plantations and farms, create quantitative evaluation indicators and judgment criteria for business activities related to natural capital, and develop monitoring methods with the aim of promoting sustainable procurement of raw materials and appropriate information disclosures of the use of natural capital. 

Yokohama states that as a company that procures natural rubber, it will contribute to the Project by employing its monitoring method at natural rubber plantations in Thailand.
This remote-sensing technology analyses information acquired by sensors mounted on satellites, making it possible to grasp the condition of forests, crop quality, and plant growth conditions in remote areas.
The tyre maker procures natural rubber used in a wide variety of its products from a complex supply chain composed of many small-scale rubber plantations, intermediaries, and processing plants. It therefore has become difficult for the Yokohama Group to assess and monitor risks related to environmental issues in its supply chain, such as illegal deforestation or poor water resource management, and ensuring traceability has become an issue for the Group’s promotion of sustainable procurement. 

Yokohama Rubber expects its participation in this Project to enable it to establish better monitoring and information disclosure methods that improve the traceability of natural rubber in its supply chain and accelerate its efforts to disclose information based on the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD).
A founding member of the Global Platform for Sustainable Natural Rubber (GPSNR), Yokohama Rubber revised its ‘Procurement Policy for Sustainable Natural Rubber’ in September 2021 and is strengthening its collaboration with GPSNR activities. Yokohama Rubber is also endeavouring to achieve the Sustainable Development Goals (SDGs) adopted by the United Nations. As part of these efforts, the Yokohama Rubber Group is promoting the procurement of sustainable raw materials, including natural rubber.

Comments (0)

ADD COMMENT

Link Copied!

Kraton Corporation, a leading global producer of speciality polymers and high-value bio-based chemicals derived from pine wood pulping co-products, a global price increase for all polymer products with effect from 1 April 2026. The price hike will range from USD 440 per MT to USD 700 per MT, or as individual contract terms permit, with the exact price change varying according to the polymer type and production location.

The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

Comments (0)

ADD COMMENT

Link Copied!

German specialty chemicals company LANXESS has announced a global price increase for its portfolio of functional additives for the manufacture of tyres and speciality rubbers. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by 15 to 50 percent.

The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing geopolitical conflict, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

Comments (0)

ADD COMMENT

Link Copied!

Orion S.A., a global speciality chemicals company, has announced a global price increase for its portfolio of speciality carbon black. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by up to 25 percent.

In a strategic move to address persistent market volatility, the company is also implementing a variable surcharge on top of the base price increase. The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

Comments (0)

ADD COMMENT

Link Copied!

German chemical group WACKER has announced a price hike across its global polymers portfolio, responding directly to significant upheavals in international commodity markets triggered by the recent military conflict in the Middle East. This geopolitical instability has created pronounced distortions throughout the supply chain, leading to a sharp escalation in the costs of essential inputs. The company is experiencing substantially higher prices for crude oil and natural gas as well as for various other raw materials and logistics services.

To address this challenging economic landscape and offset the considerable burden of increased raw material and transportation expenses, the chemical group is implementing price adjustments effective 1 April 2026. The updated pricing will apply to several key product categories, specifically including polymer dispersions, a variety of resins and dispersible polymer powders. This strategic move is essential for the company to maintain operational stability and continue delivering its products reliably amidst the volatile market conditions.

The final scale of these price increases is not a fixed, across-the-board figure but will be determined by specific variables. It will largely depend on the original source of the product, with goods manufactured at the company’s European and Asian production sites being most affected. Furthermore, the terms outlined in existing customer contracts will also play a crucial role in defining the exact extent of the adjustment, ensuring a tailored approach to the implementation of this necessary price correction.

Comments (0)

ADD COMMENT

Link Copied!