- Toray applies immediate surcharges on products tied to crude oil and naphtha, including performance chemicals, carbon-fiber composites, and fibers/textiles.
- Surcharges have been applied to some products and will be added to others, with regular reviews based on raw material price trends.
- The emergency pricing responds to Middle East tensions and the de facto Strait of Hormuz blockade following Feb 28 U.S.-Israeli strikes on Iran.
- Toray flags procurement concerns and plans supply-chain restructuring, procurement diversification, efficiency improvements, and technology investment to secure supply.
Emergency surcharge measure
Toray has introduced temporary surcharge pricing on certain products to offset sharply higher costs for crude oil, naphtha and related feedstocks caused by recent Middle East tensions and the de facto blockade of the Strait of Hormuz; the measure is stated as an emergency, not a permanent price revision.
Scope and customer handling
Surcharges target products tied to petrochemical feedstock—notably performance chemicals, carbon‑fiber composites and fibers/textiles—with specific applicable items and conditions to be negotiated individually by business divisions.
Implementation and review
Some surcharges are already in effect and additional items will be added as needed; Toray will review surcharge levels at regular intervals based on market conditions and raw‑material price trends.
Causes and operational response
The move responds to soaring raw‑material, fuel and logistics costs following U.S.‑Israeli strikes on Iran (Feb 28) and the resulting Hormuz disruption—events described in Japanese media as a historic oil shock—compounded by China’s economic stagnation and uncertain U.S. tariff policy; Toray cites procurement concerns and plans faster decision‑making, supply‑chain restructuring, procurement diversification, efficiency improvements and targeted technology investments to maintain supply and production stability.
