Regarding Price Revision for Building Material Product Group
NQ Score
72/100
AI Summary (NQ-processed)
Sekisui Chemical Co., Ltd. announced a price revision for its building material product group, effective from shipments on May 20, 2026, due to a rapid deterioration in the procurement environment for vinyl chloride and polyethylene raw materials derived from oil and naphtha, caused by instability in the Middle East. The company stated that the situation has exceeded the limits of self-help efforts, leading to price increases of 20% to over 30% for products such as rain gutters, color pipes, color joints, and PVC deck materials.
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Frequently Asked Questions
- Q: Why is Sekisui Chemical Co., Ltd. revising the prices of its building material product group?
- A: Due to instability in the Middle East, the procurement environment for vinyl chloride and polyethylene raw materials derived from oil and naphtha has deteriorated, leading to a sharp rise in raw material prices and energy costs.
- Q: When will the price revision be implemented?
- A: It will be implemented from shipments on May 20, 2026.