Chloroprene Rubber: Manufacturers
World’s demand for Chloroprene Rubber (CR) has grown at a fast pace in the past decade. Looking ahead in the next decade, we expect both production and demand will continue to grow. The 2017 global CR production capacity is estimated at 340,000 tons/year, and the actual production output is about 300,000 tons/year.
Here at Wealth Ocean – Rubber Division, we are the exclusive distribution & sales agent in U.S.A. representing Shanna Synthetic Rubber Co. Ltd., and Shanxi Huojia Changhua Co. Ltd.
Our company CR products maintains at the upper class/reaches of the chloroprene rubber market with advanced technical threshold. The current production capacity of Shanna Synthetic Rubber plant is 30,000 tons/year with an annual sales volume of RMB 870 million in the fiscal year of 2017. We expect to expand and increase the production capacity in Shanna Synthetic Rubber plant by 16%, about 35,000 tons per year in 2018, and we estimate the production capacity in Shanxi Huojia Chuanghua Co. Ltd to reach 40,000 tons/year.
In the coming years, we strongly believe there is going to be a market situation where CR supply exceeds the demand, and we sincerely hope to respond to this and any future challenges by expanding our CR business and deploying strong supply to better position us to achieve greater customer satisfaction and product quality.