Tosoh Announces Price Increase for Bromine Compounds
Eroding Market Prices and Rising Costs Drive Adjustments

Tokyo, Japan – Tosoh Corporation announced price increases for bromine compounds effective for all shipments worldwide.  A Company spokesman stated that it was necessary to implement a price structure that could support investment for stabilizing future supplies, and cover the losses caused by years of eroding market prices.  These factors, combined with a tight market for the feedstock bromine and increasing costs for energy, transportation and raw materials, resulted in a price increase of 30% for high-purity alkyl-bromide compounds.  Products include 1-Bromo-3-chloropropane, n-Propylbromide, n-Butylbromide, sec-Butylbromide, 1-Bromo-3-chloro-2-methylpropane and (2-Bromoethyl) benzene.  The Company attempts to maintain profitability internally were overshadowed by rising external costs and long-term erosion of market prices over recent years. 

Tosoh Corporation is the sole manufacturer of bromine in Japan and is developing operations domestically and abroad with its high purity hydrobromic acid (HBr) gas and elemental bromine (Br2).  Based on strengths such as a totally integrated manufacturing plant for 1-Bromo-3-chloropropane, the Company continues to expand as a world supplier of high-value fine chemicals.  Elemental bromine and bromine compounds are vital raw materials contributing to the production of pharmaceuticals, flame retardants, electronic chemicals, dyes, and many other applications that support the backbone of daily modern life.

Tosoh Corporation
Headquartered in Tokyo, Japan, Tosoh Corporation is a diversified global chemical and specialty materials company. Founded in 1935, the Company has expanded its reach into high value-added businesses such as fine chemicals, scientific instrumentation, thin film materials, and quartzware. Tosoh is a multi-billion dollar corporation that employs more than 9,000 people worldwide and is listed on the Tokyo Stock Exchange. 

Stock Exchange Ticker Symbol: 4042 

For more information, please contact:
International Public Relations
Tosoh Corporation
m_hoover@tosoh.co.jp
Tel: +81-3-5427-5118 
Fax: +81-3-5427-5198
www.tosoh.com

Disclaimer

This document contains forward-looking statements, including without limitation, statements concerning product development, objectives, goals, and commercial introduction, which involve certain risks and uncertainties. The forward-looking statements are also identified through use of the words "anticipates," "plans," "expects," and other words of similar meaning. Actual results may differ significantly from the expectations contained in the forward-looking statements.