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Shin-Etsu raises silicones prices amid cost pressure from China

Tokyo – Shin-Etsu Chemical Co. is increasing prices for its silicone products both in Japan and globally in response to increasing cost of silicon metal, the main raw material of silicones.

In a 13 Nov statement, the Japanese speciality chemicals company, which has a strong silicones business, said manufacturing costs in China, which is a major world silicon metal producer, were rising.

That in turn, explained Shin-Etsu, was a result of “steep price increase” for the raw material silica as…

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