SemiMedia SemiMedia
  • Breaking News
  • MarketWatch
  • Distribution
  • Manufacturer
  • Video
  • About us
Home › MarketWatch › Shin-Etsu announces silicone products price increase
  • 0

Shin-Etsu announces silicone products price increase

SemiMediaEdit
August 27, 2021

Shin-Etsu Chemical Co., Ltd. announced on 24th that it is going to increase the sales prices of all of its silicone products, one of Shin-Etsu’s main business segments, both in Japan and globally.

Shin-Etsu announced a silicone products price increase in March of 2021 that was necessitated by the rise in prices of such raw materials as silicon metal and methanol as well as increased logistics costs. Since then, silicon metal, the main raw material of silicones, has faced a tightening of supply and demand globally. As a result, its sharp price increase is continuing. In addition, with regard to the procurement of raw materials and the shipping of products, transportation costs are greatly rising.

Shin-Etsu said it will continue its efforts to reduce manufacturing costs. However, the company judged that it is difficult to absorb all of these increased costs, and unavoidably, it has become necessary to implement price revisions.

The price increase will apply to all silicone products that are handled by Shin-Etsu’s Silicone Division. The price will increase by 10% to 20%, and the price of some products will increase by more than 20%. Effective for product shipments made starting from October 2021.

Related

electronic components news
onsemi wins AI product innovation award for AR0234CS image sensor
Previous
onsemi to acquire GT Advanced Technologies
Next

All Comments (0)

Back
No Comment.

Top Post

Fire broke out at AKM factory in Japan
Qualcomm ranked first in the world's top ten IC design companies
Mouser Electronics expands to the Philippines with local customer service center
Analyze the key factors and prospects of electronic components shortage from the perspective of wafer industry
What is the root cause of the decline of the Japanese semiconductor industry?
ST releases price increase notice

Subscribe SemiMedia

Please check your E-mail to confirm the subscribtion.

Related posts

Microchip advances ASA-ML camera development ecosystem in Japan with Nippon Chemi-Con and NetVision

Microchip advances ASA-ML camera development ecosystem in Japan with Nippon Chemi-Con and NetVision

July 4, 2025
0
TSMC exits GaN foundry business as Navitas shifts to PSMC

TSMC exits GaN foundry business as Navitas shifts to PSMC

July 4, 2025
0
Intel shifts foundry focus to 14A process

Intel shifts foundry focus to 14A process

July 3, 2025
0
IBM strengthens alliance with Rapidus to target sub-1nm chip technologies

IBM strengthens alliance with Rapidus to target sub-1nm chip technologies

July 3, 2025
0
Copyright © 2017-2025 SemiMedia. Designed by nicetheme.
  • Please set up your first menu at [Admin -> Appearance -> Menus]
  • electronic components news
  • Electronic components supplier
  • Electronic parts supplier
  • Infineon
  • Electronic component news
  • Renesas
  • Vishay
  • STMicroelectronics
  • NXP
  • TDK

SemiMediaEdit

Administrator