Japanese rubber industry news
Asics CEO Discusses Global Performance, Changes in Response to Changing Markets Feb. 27, 2017. - Asics Corp. (TYO:7936) posted a 29.3 billion yen ($261 million) year-on-year decline of sales in 2016, down at 391.1 billion yen. However, when putting aside exchange rate effects to the tune of 32.6 billion yen, the company enjoyed an increase of 0.8 percent. While sales were healthy in Asia and the Oceania region, and robust in Europe, weak sales in […]
Tosoh to Transfer TPU Sales Rights Over to Miractran Feb. 27, 2017. - Chemical manufacturer Tosoh Corp. (TYO:4042) plans to transfer the sales rights to its thermoplastic polyurethane (TPU) elastomer operations over to wholly owned subsidiary Nippon Miractran Co. Ltd. With the move to take effect Oct. 1, the Tosoh Group is consolidating TPU elastomer manufacturing and marketing over to Miractran in a bid to strengthen business in this sector. Established in September […]
Firestone Building Products to Buy Gaco Western Feb. 21, 2017. - Bridgestone Corp. (TYO:5108) said that its U.S. subsidiary Firestone Building Products Co. LLC has reached a definitive agreement to buy Gaco Western Inc., a manufacturer of silicone roofing systems and provider of waterproofing and spray foam insulation solutions for a variety of commercial and residential applications, at an undisclosed price. The acquisition is aimed to strengthen Firestone’s position in commercial […]
Denka JV to Build New Hydroelectric Power Plant in Japan Feb. 21, 2017. - Denka Co. Ltd. (TYO:4061) and Hokuriku Electric Power Co. will build a new hydroelectric power plant in Itoigawa City, Niigata Prefecture, through their 50:50 joint venture Kurobegawa Denryoku. Construction of the facility has been under consideration since August 2014 and is slated to begin in 2018. Transmission is planned to start in April 2022. Denka will be entitled to a […]
Nippon Goodyear President Looks to Break Open All-Season Tire Market Feb. 24, 2017. - Nippon Goodyear Ltd. is seeking again this period to get active in developing an all-season tire market in Japan. Speaking at the company’s 2017 strategy announcement and new products briefing session on Feb. 16, President Yujiro Kanehara deemed the company’s first-year effort at this in 2016 as modest. Now for the 2017 period, Nippon Goodyear is looking to launch an […]
Kuraray’s Liquid Farnesene Rubber Used in Car Tires for First Time Feb. 22, 2017. - Kuraray Co. Ltd. (TYO:3405) said that Sumitomo Rubber Industries Ltd. (TYO:5110) has adopted liquid farnesene rubber (LFR) as a performance enhancing additive in the production of its latest winter tire, the Winter Maxx 02. This is the first time that LFR is used in car tires. LFR is a liquid rubber developed by Kuraray using farnesene, a new biologically derived […]
Asics CEO Discusses Global Performance, Changes in Response to Changing Markets Feb. 27, 2017. - Asics Corp. (TYO:7936) posted a 29.3 billion yen ($261 million) year-on-year decline of sales in 2016, down at 391.1 billion yen. However, when putting aside exchange rate effects to the tune of 32.6 billion yen, the company enjoyed an increase of 0.8 percent. While sales were healthy in Asia and the Oceania region, and robust in Europe, weak sales in […]
Talking Strategy, Toyoda Gosei President Says Raising Profitability Priority Feb. 20, 2017. - As Toyoda Gosei Co. Ltd. (TYO:7282) moves forward with 2017, the company finds itself encompassed by an environment of accelerating change, says President Naoki Miyazaki. Continuing on from the first installment of a two-part exclusive interview with Japan Rubber Weekly, Miyazaki discussed what such changes mean for the company and how it plans to proceed. For Miyazaki, the nature of […]
Tosoh to Transfer TPU Sales Rights Over to Miractran Feb. 27, 2017. - Chemical manufacturer Tosoh Corp. (TYO:4042) plans to transfer the sales rights to its thermoplastic polyurethane (TPU) elastomer operations over to wholly owned subsidiary Nippon Miractran Co. Ltd. With the move to take effect Oct. 1, the Tosoh Group is consolidating TPU elastomer manufacturing and marketing over to Miractran in a bid to strengthen business in this sector. Established in September […]
Bando Chemical to Shift Indian Subsidiary for Greater Business Potential Feb. 24, 2017. - Bando Chemical Industries Ltd. (TYO:5195) is relocating the head factory of its Indian subsidiary, Bando (India) Pvt. Ltd. Plans at present are to move over to a new factory with a site area of 4,000 square meters, located within the same industrial park of IMT Manesar in Gurugram City. Operations are scheduled to commence in the first half of this […]
Yokohama Rubber’s Noji, Yamaishi Discuss Path to Navigating Turbulent Landscape Feb. 3, 2017. - With Masataka Yamaishi set to step into the role of president and representative member of the board of Yokohama Rubber Co. Ltd. (TYO:5101) on March 30, both Yamaishi and current president Hikomitsu Noji discussed the change at a press conference. It is a turning point of a year, said Noji, as 2017 marks the final year of the company’s 12-year […]
Toyoda Gosei to Keep Close Watch on NAFTA Renegotiations: President Miyazaki Jan. 30, 2017. - Toyoda Gosei Co. Ltd. (TYO:7282) operates four plants in Mexico and is in the process of shifting production from plants in Canada and the U.S. to Mexico as part of the North American Free Trade Agreement (NAFTA) framework, particularly in relation to weatherstrip products. The company is moving forward with investments in a Mexico subsidiary to increase the production capacity […]

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