Yokohama Rubber joined Japan’s 30by30 Alliance for Biodiversity in January 2023. The 30by30 Alliance for Biodiversity (hereafter, ‘the 30by30 Alliance’ or ‘the Alliance’) is a coalition of companies, local governments and other organisations committed to making efforts throughout Japan to achieve ‘30by30’. This is an international goal of conserving and protecting more than 30 percent of land and sea areas by 2030, and realise a nature-positive world. The 30by30 Alliance was established in April 2022 by 17 founders from the industry, the private sector and government organisations, including the Ministry of the Environment. Currently, more than 300 companies, local governments, nonprofit organisations and other entities are participating in the Alliance.

Yokohama established its guidelines for the preservation of biodiversity in 2010 and has been promoting efforts throughout its value chain to preserve it. Five Yokohama Rubber production sites in Japan have received the Association for Business Innovation in harmony with Nature and Community Certification (ABINC Certification) in recognition of the company’s YOKOHAMA Forever Forest activities to plant trees and provide seedlings in and around its production sites and other biodiversity conservation activities. This is in order to ensure its production sites have a positive effect on the local ecosystem.

As a member of the 30by30 Alliance, Yokohama Rubber aims to receive certification of its YOKOHAMA Forever Forest locations and production sites as OECMs, as it aims to achieve the ‘30by30’ goal and contribute to the realisation of a society in harmony with nature.

Yokohama Transformation 2023 (YX2023), Yokohama Rubber’s medium-term management plan for fiscal years 2021–2023, includes sustainability initiatives that are based on the concept of ‘Caring for the Future’. Yokohama Rubber believes that conducting business activities aligned with its sustainability initiatives will help resolve social issues and lead to continued increases in its corporate value.

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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.

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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.

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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.

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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.

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