Kaneka : Price Revision of Foamed Polystyrene Resin

About this update from Kaneka Corporation

Price Revision of Foamed Polystyrene Resin ‐ Increasing the Price by at least 150 JPY/kilogram for Shipments from April 1 ‐ KANEKA CORPORATION March 19, 2026 Kaneka Corporation (Headquarters: Minato-ku, Tokyo, Japan; President: Kazuhiko Fujii) will revise the sales prices of foamed polystyrene resin (product name: "Kanepearl™"). For shipments from April 1, 2026, the current prices will be raised by at least 150 JPY/kilogram. Due to the deterioration of the situation in the Middle East, the maritime transportation environment around the Strait of Hormuz has become increasingly unstable, resulting in serious disruptions to the supply of crude oil and petroleum products. In addition, energy-related costs have continued to rise. While we have made substantial efforts to improve profitability through cost reductions, these measures alone are no longer sufficient. As a result, we have determined that a price adjustment is necessary to ensure a stable supply going forward. Depending on changes in global affairs, military conditions in the Middle East, and raw material or energy markets, we may need to request further price adjustments.

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